Originally posted by: MisterPicture
Illinois receives LESS in federal spending than they pay in taxes.
Tennesse receives over $24 BILLION DOLLARS EVERY YEAR more in federal spending than they pay in taxes.
How about this for a solution: No more Red State Bailouts!
Source
How about no bailouts for any able bodied individuals? When Mister agrees with that, then maybe I'll agree with his stance being addressed above. In my book, bailouts include any free shit to anyone.
Originally posted by: Boilerman
How about no bailouts for any able bodied individuals? When Mister agrees with that, then maybe I'll agree with his stance being addressed above. In my book, bailouts include any free shit to anyone.
Sorry, I'm not looking for your agreement. Generally, I'm just looking to ridicule you.
Just pointing out that the people of Red States get billions of federal free shit and the people of Illinois get minus federal free shit.
You can't dispute that, can you?
The United States comprises fifty States. This federal system allows individual States to govern themselves within this Federation of States. So the 50 States may apply different solutions to State endeavors, and an intelligent populace across the Country can judge how things work out elsewhere and, . . . maybe, . . . even, . . . apply "lessons learned" to improve their own State governance by adopting or rejecting other State policies.
F'r example, The Prarie State [aka Illinois, aka The Sucker State ref: State Nicknames ] has promised its employees pensions which it cannot pay, EVER. [The only State-Pensions less well-funded than Illinois are: those in Kentucky and New Jersey.]
Lesson learned: Don't govern like Illinois, Kentucky and New Jersey.
[Oh, and not-so-incidently the top-funded State pensions are those of Wisconsin, South Dakota, and Tennessee.
Lesson Learned: . . . . Wait a minute ! ! ! Tennessee ! Why, . . . that's where poor old DonDiego has chosen to reside. Hmm, . . . maybe that bit above about citizens learning from other States' successes and failures really means something after all.]
It is not up to the federal-taxpayers to pay-off Illinois' pension obligations. It is not up to the tax-payers of 49 other States to pay-off Illinois pension obligations.
Unfortunately it is unconstitutional for a US State to declare bankruptcy.
The State of Illinois could live within its means. Oh, wait. It's too late for that.
The State of Illinois could borrow the money by issuing bonds. Of course, given the profligate history of Illinois' spending the interest will pr'bly be high.
The State of Illinois could sell State assets. Although, DonDiego notes there is nothing in Illinois which he would want.
In his meandering the internets poor old DonDiego has come across an article addressing the Illinois dilemma:
Forbes
an excerpt: ". . . . . in Illinois, it has long been a part of the state’s response to economic crises to abandon its pension contributions, so that the state is now paying significantly more than that basic annual accrual cost, to reach a 2045 90% funding target, and this is what’s driving the high contribution levels, so much so that a full quarter of the state’s general revenue is directed towards pensions."
Lesson Learned: If one abandons making regular payments into the pension funds, there will not be enough to pay the pensions when they come due.
Oh my! It appears Don has developed a case of the vapors.
The state of Tennessee receives a net $3,591 from the federal government for every citizen.
The state of Illinois receives a net NEGATIVE $364 from the federal government for every citizen.
And so Tennessee has more money to fund their pensions? Am I supposed to be impressed?
Source
Oh, I almost forgot.
No more Red State Bailouts!
Originally posted by: MisterPicture
Oh, I almost forgot.
No more Red State Bailouts!
Here, here! It is time to get those taker states off the public dole.
Originally posted by: MisterPicture
The state of Tennessee receives a net $3,591 from the federal government for every citizen.
The state of Illinois receives a net NEGATIVE $364 from the federal government for every citizen.
And so Tennessee has more money to fund their pensions? Am I supposed to be impressed?
Source
Poor old DonDiego suggests that MisterPicture re-read the reference which he provided: Source
Here's the (very) brief summary of what monies the States receive from the Federal Government:
"The states receiving the most from Washington on a per capita basis tend have relatively large poor populations that depend on federal assistance programs like SNAP (formerly known as food stamps) and Medicaid.
On the flip side, the states that give more to the federal government than they receive tend to have higher income residents. Exceptions include states like Maryland and Virginia, which, though they are wealthier states, also benefit from disproportionately high federal funding partly due to their large defense contracting sectors.
Poor old DonDiego suggests that Mister Picture re-read the reference which he provided: Source
Here's the (very) brief summary of what monies the States receive from the Federal Government:
"The states receiving the most from Washington on a per capita basis tend to have relatively large poor populations that depend on federal assistance programs like SNAP (formerly known as food stamps) and Medicaid.
On the flip side, the states that give more to the federal government than they receive tend to have higher income residents. Exceptions include states like Maryland and Virginia, which, though they are wealthier states, also benefit from disproportionately high federal funding partly due to their large defense contracting sectors."
So how would MisterPicture correct such a spending imbalance?
__ cut SNAP ?
__ cut Medicaid ?
__ reduce the incomes of those residing in Blue States ?
__ move defense contracts ? (Oh wait ! That'd hurt blue-states Maryland and Virginia too.)
__ move other Federal functions like the US Army/NASA Redstone Arsenal, the Kennedy Space Center, the Louisana Army Ammunition Plant, Oak Ridge Reservation, and the Cornhusker Army Ammunition Plant to Blue States ?
OK, move 'em ! But poor old DonDiego wants the Jet Propulsion Laboratory, the Lawrence Livermore National Laboratory, AndrewsAir Force Base, and the Norfolk Naval Base moved to Tennessee !
PODD = GOHS
Originally posted by: Don
Poor old DonDiego suggests that MisterPicture re-read the reference which he provided: Source
Here's the (very) brief summary of what monies the States receive from the Federal Government:
"The states receiving the most from Washington on a per capita basis tend have relatively large poor populations that depend on federal assistance programs like SNAP (formerly known as food stamps) and Medicaid.
On the flip side, the states that give more to the federal government than they receive tend to have higher income residents. Exceptions include states like Maryland and Virginia, which, though they are wealthier states, also benefit from disproportionately high federal funding partly due to their large defense contracting sectors.
Poor old DonDiego suggests that Mister Picture re-read the reference which he provided: Source
Here's the (very) brief summary of what monies the States receive from the Federal Government:
"The states receiving the most from Washington on a per capita basis tend to have relatively large poor populations that depend on federal assistance programs like SNAP (formerly known as food stamps) and Medicaid.
On the flip side, the states that give more to the federal government than they receive tend to have higher income residents. Exceptions include states like Maryland and Virginia, which, though they are wealthier states, also benefit from disproportionately high federal funding partly due to their large defense contracting sectors."
So how would MisterPicture correct such a spending imbalance?
__ cut SNAP ?
__ cut Medicaid ?
__ reduce the incomes of those residing in Blue States ?
__ move defense contracts ? (Oh wait ! That'd hurt blue-states Maryland and Virginia too.)
__ move other Federal functions like the US Army/NASA Redstone Arsenal, the Kennedy Space Center, the Louisana Army Ammunition Plant, Oak Ridge Reservation, and the Cornhusker Army Ammunition Plant to Blue States ?
OK, move 'em ! But poor old DonDiego wants the Jet Propulsion Laboratory, the Lawrence Livermore National Laboratory, AndrewsAir Force Base, and the Norfolk Naval Base moved to Tennessee !
Oh, the solution is easy:
TENNESSEE SHOULD LIVE WITHIN ITS MEANS WITHOUT RELYING ON THE FEDERAL GOVERNMENT.
If poor Tennesseans are causing all of the extra federal costs, Tennessee should increase tax credits for the poor, increase their educational opportunities, raise the minimum wage, and so on. If that means spending less on Tennessee infrastructure or other costs, or raising taxes on other citizens, so be it.
I'm thinking that the state of Tennessee is a victim of the cycle of dependency, and failing to raise their citizens out of poverty is the result. And then they use poverty as an excuse to ask for more money from the federal government. Isn't that typical?
No Red State Bailouts!
