Showing posts with label State Bailouts. Show all posts
Showing posts with label State Bailouts. Show all posts

Friday, February 26

Blue State Bailout

It is no secret that States that have DEMOCRATIC GOVERNORS are in financial difficulties because of their liberal fiscal policies...  in other words, these States spend more money than they receive in tax revenues from individuals, corporations, and businesses.  To any first year business student those types of policies are nothing less than IRRESPONSIBLE and STUPID...  and yet, these Democratic Managed States perceive themselves to be on the right side of humanity...  because, the Federal Government will bail them out.


HOWEVER, it is the Republicans who believe that this BAILOUT of STATES should not happen...  and, while that is a partisan view, it is also a view that is irresponsible in that what will these States do if they are not BAILED OUT by Mommy and Daddy...

Mommy and Daddy (our Federal Government) has no choice but to do this...  because if it were not done, there would be economic chaos throughout the entire United States for several years into the future...

BUT...  since we know that Mommy and Daddy must do this, we also believe that Mommy and Daddy should put controls on these Democratic Governors so that this does not happen again.  And...  while this said, I am reminded of parents who have a son or daughter that is a drug addict and no matter how often the child is sent to counseling or rehabilitation, the child always returns to being a drug addict.

I am also reminded of another example in the business community where a company has several cross-functional teams operating on a variety of critical projects for the company's long range plans and short term goals and each team consists of 8-10 members, but because they are cross-functional and each team member has other responsibilities in their respective departments, some of the team members do not do the work that the team is expecting them to do for the team.  Consequently, the other members of the team have to BAIL OUT these workers by doing their work for them otherwise the team will be ineffective and will not accomplish their goals and objectives.

This is exactly what is happening in the USA with these Democratic Governors.