How long before blue states completely bankrupt themselves? | |
Tensei
User ID: 78450761 United States 09/27/2021 10:21 PM Report Abusive Post Report Copyright Violation | They are already are bankrupt. Last I looked California wad $1.2 trillion in debt, and New York was $1.1 trillion in debt. The only reason those 2 states continue to operate is because of the massive amount of tax dollars (federal tax dollars) that each of those states is given from the federal coffers. Last Edited by Tensei on 09/27/2021 10:21 PM Do you know the difference between justice and punishment? 2+2=4 |
AfterAll
User ID: 80839867 United States 09/27/2021 10:27 PM Report Abusive Post Report Copyright Violation | They are bleeding workers. Quoting: The Ghost of Oak Redhammer Keep in mind the 80/20 rule. 20% does 80% of the work. Those who are being fired are the 20%. They will leave the state and never come back. They will go and work in states that haven't totally lost their minds. Blue states are being drained of their smartest and most productive workers without whom you are fucked. Blue states are enacting vaccine passports. Even with the vaxxed currently They will push for boosters. Eventually even those who got the shot will get sick of it and leave. More workers gone. Businesses that are still here will collapse. That's tax revenue that never returns. Big business like Amazon need a strong base economy or their entire model fails. No work, no workers, no business. The red states will still be standing. The Blue states just committed suicide. Am I wrong in any of this? Illinois is in trouble too. The thing is, Trump said no state bail outs. The current administration will bail them out BUT if they don't raise the debt ceiling, they don't have two nickels to rub together. |
Butch DeFeo
User ID: 80886149 United States 09/27/2021 10:34 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 78948729 United States 09/27/2021 10:41 PM Report Abusive Post Report Copyright Violation | |