THE DEMOCRATS ARE ON A ROLL...
AND...
the wealthy are going to pay for it all... that is to say those wealthy individuals and families that DO NOT have their monies sheltered away from taxes in off shore bank accounts.
AND...
what money our government cannot get from the wealthy, they will either BORROW from CHINA or they will simply print up more money.
AND...
if they print up more money, the the value of the dollar will DECREASE.
AND...
if they borrow from CHINA, then future generations will be the ones that will be forced to pay off our debt.
AND...
retired people like my wife and I will BENEFIT from all of this.
PERSONALLY,
I don't care if California and New York get bailed out by our Federal Government or not because our government should REWARD those States who have mismanaged their tax dollars... the more these States screw up the more our Federal Government should be in a position to financially control them.
These States are like children who have not yet learned how to manage their money because they want to give their residents everything they can in the hopes of getting re-elected.
The bureaucracy of any government, by default, is INEFFECIENT and INEFFECTIVE in the way that they conduct business. When one has a guarantee of employment, one has little desire to improve one's production or output...
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