The Center on Budget and Policy Priorities, a Washington think tank, reported this month that states used $158 billion in stimulus funds to balance their budgets for the last three fiscal years, to end June 30.
In other words, a massive chunk of the Obama 'Stimulus' package was used to keep dues flowing into the coffers of the states' public sector unions.
Those dues, in turn, were contributed to the campaign funds of Democrats who had passed the Stimulus package.A more nefarious and disgusting misuse of taxpayer funds you'd be hard-pressed to imagine.
Late in 2010 President Obama went on the record (with The New York Times no less), admitting that there's no such thing as a 'shovel-ready project'.
In short, Democrats allowed states to kick the can down the road rather than to begin the necessary, painful steps of reining in spending. And now the piper must be paid.
Fat, drunk and stupid is no way to go through life -- but that is precisely how Democrats behave, no matter how much experience, history, logic, facts and reason tell them otherwise.
The correct Animal House quote is "Fat, drunk and stupid is NO way to go through life"
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@Anon - thanks, fixed. And, NO, I wasn't drinking!
ReplyDeleteObama's came into office banking that our economy would do as its always done - right itself in a year or two irrespective of what government did or did not do. As such, he concerned himself with revolutionizg the social contract and getting his favored unions and blue states over the hump while ignoring the private sector. Two years later, we see what a bad bet that was.
ReplyDeleteWe saw this coming from 100 miles away. Obama only confirmed our suspicions after he made the claim, "There's really no such thing as a shovel-ready job." The only policy Obama really has up to this point is bailout. Banks (started with Bush), car companies, teachers unions, bankrupt states....
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"Fat, drunk and stupid is no way to go through life -- but that is precisely how Democrats behave, no matter how much experience, history, logic, facts and reason tell them otherwise."
ReplyDeleteThough it contains something from "Animal House" (which was a brilliant inclusion by the bye) this is one of the most powerful political statements of all time.
And, posted on and linked.
ReplyDeleteI don't understand where the Toledo Blade got some of those percentages on the chart.
ReplyDeleteWisconsin's and Pennsylvania's seem to be correct but some of the others I am at a loss.
Michigan and Illinois have me flummuxed. Michigan should show 21.7% not 8.6% and Illinois should show 51.7% not 44.9%.
I am using the budget numbers listed for each state or is there something I am missing here?