States Are So Broke They Are Threatening The U.S. Economy

The HuffPost ran an article about the budget crisis various states are experiencing. Many governors, such as Chris Christie of New Jersey, are resorting to severely slashing funds for state programs in order to grab a hold on the deficit.

Read the article here

It seems like the bottom line is that the states and municipali­ties are broke. In fact, they’re beyond broke, because as things currently stand, they will only be broke-er, borrowing more and more money and making future generation­s pay.

Okay okay. So, let’s see. Where does government get its money from? The people. What is that called? Usually, taxes. So if the government desperatel­y needs more money, what should it do? Um, raise taxes? And I’m not talking immediatel­y start digging big chunks of money out of everyone’s pockets, but how about just enough so that we actually have enough money to keep the states at a bare functionin­g minimum?

And on that note, why don’t we start by getting rid of the Bush tax cuts to the rich? Another year of this just means another year of hardship for the next generation­.

Hello? Anybody home? Apparently not, because they’re Tea-Partyi­ng.

Author: dky1

A graduated (but still caffeinated) student. I write mostly politics and movie reviews in the Third Cup blog, and some fiction, short stories, and gaming journal on the Loner's Diaries blog.

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