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2009-03-24 Home Front: Politix

Corzine First to Face Voters as Governors Brace for Backlash

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Posted by Fred 2009-03-24 00:00|| || Front Page|| [3 views ] Top

#1 So let me get this straight.

1/3 of Obama's planned deficit spending could pay off ALL the states deficits combined?

Wouldn't that be a very stimulating use of the cash?

Posted by AlanC 2009-03-24 10:48|| 2009-03-24 10:48|| Front Page Top

#2 Wouldn't that be a very stimulating use of the cash?

Growth in state expenditures exceeded economic growth over the last expansion. They need to come down to come into alignment with the private sector's ability to produce revenue. Propping up state expenditures with deficit federal financing prolongs the adjustment period.

Posted by DoDo 2009-03-24 11:20|| 2009-03-24 11:20|| Front Page Top

#3 DoDo is right. There is just as much pork and waste at the state level as there is at the national.

I can't wait to see Ritter go, personally. A complete disgrace.

Posted by DarthVader 2009-03-24 15:34|| 2009-03-24 15:34|| Front Page Top

#4 Propping up state expenditures with deficit federal financing prolongs the adjustment period.

Unless you're talking about California where we spend billions on illegal aliens; housing them, feeding them, educating them, jailing them and providing for their health care. They're a federal problem so it would be kinda nice if the feds would help us out with some of those expenses.

Posted by Ebbang Uluque6305 2009-03-24 17:49|| 2009-03-24 17:49|| Front Page Top

#5 EU6305, if Caleefornya would act in it's own self interest and deport the illegal aliens (or at least turn them over to ICE, rather than acting as a sanctuary), I would have more sympathy.

Posted by Rambler in Virginia">Rambler in Virginia 2009-03-24 17:58|| 2009-03-24 17:58|| Front Page Top

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