"A decade ago all three states were among America's most prosperous. California was the unrivaled technology center of the globe. New York was its financial capital. New Jersey is the third wealthiest state in the nation after Connecticut and Massachusetts. All three are now suffering from devastating budget deficits as the bills for years of tax-and-spend governance come due."
"These states have been models of "progressive" policies that are supposed to create wealth: high tax rates on the rich, lots of government "investments," heavy unionization and a large government role in health care."
If these three "model states" are failing, what is going to happen when the country experiences it nationally?
P.S. Since it's Friday, the 1200 page "Cap & Trade" bill is slated to be presented to Congress and voted on TODAY! Hang on folks!
Answer by itsmesteph11 at 10:16 AM on Jun. 26, 2009
Answer by Anonymous at 8:32 AM on Jun. 26, 2009
Answer by Tristana at 8:41 AM on Jun. 26, 2009
Answer by christaberk at 8:48 AM on Jun. 26, 2009
Looks like Alaska is doing just fine and is PROSPERING, unlike most other States like Michigan which is a total failure. So who's your Governor? Oop there it is....oop there it is.....
Answer by tyme4me2day at 8:52 AM on Jun. 26, 2009
Answer by LoriKeet at 8:57 AM on Jun. 26, 2009
Answer by LoriKeet at 8:58 AM on Jun. 26, 2009
Answer by Anonymous at 9:08 AM on Jun. 26, 2009
Answer by blakebrm at 9:11 AM on Jun. 26, 2009
Answer by Tristana at 9:12 AM on Jun. 26, 2009