Last year, the federal government shoveled stimulus money out to its vassal states and it appears the cash came with conditions that made it impossible for the states to cut spending in some areas and increased the labor cost of some projects. Also, most states unwisely viewed stimulus money as an excuse to spend money on new programs -- which now require purely state revenues to sustain.
Who woulda thunk? Precisely the P.J. O’Rourke formula of automobile + teenage boys + car keys + whiskey genetically spliced into the federal Trojan Horse.
Nor did the cash head off further state tax increases (as Congress claimed it would). Additional taxes have been or will be necessary to pay for the inflated spending directed by Congress (and approved by Mr. Obama). Last year, 25 states raised sales taxes or exacted other new ones.
But, the Democrats’ solemn assessment of the beneficial effect of throwing a gigantic monkey wrench into the gears of the health care industry? Welllll, . . . that we can take to the bank. The Olympic Dream Varsity A Team mathed it all out, see.
More like an arnarcho-jihadi-Trotskyite mastermind brought to life after a late-night Marty Feldman visit to the village.
"The States and the Stimulus. How a supposed boon has become a fiscal burden." Wall Street Journal, 1/2/10.
A blog about Islamic intolerance and fanaticism; socialism; communism; government stupidity; and lying weasels everywhere, hopefully couched in vibrant and literate English and foreign words that make us look good.
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