Posted on 05/08/2019 7:34:34 AM PDT by knighthawk
President Trump’s presidency has been a boon for states. Thanks to major increases in state tax collections in late 2017 and mid-2018, 41 states have recovered from the Great Recession. State bank accounts are in much better shape to weather a new recession, according to a recent analysis by Pew, though challenges remain because of the debt that states accumulated after the downturn.
Yet this is no time for spending complacency.
For local governments, the Barack Obama years — characterized by tax hikes, more extensive regulations on businesses and sluggish economic growth — looked like no other in recent memory. Though tax revenues rebounded quickly after most recessions since World War II, states crawled fitfully out of the 2008–09 downturn. By the end of 2014, fewer than half the states had recouped the revenues they lost in the recession and its aftermath.
(Excerpt) Read more at nypost.com ...
Elect stupid people, reap unintended consequences.
The obvious answer is to keep voting for Democrats.
Learn the sad lesson of 2008.
If someone goes to the United States Congress with a sufficiently butt-puckering Chicken Little tale of impending doom, they WILL get a bailout.
No matter how many people oppose it.
Still? How could anyone ever have expected it to stop?
Liberal states are way out there on the financial plank. If there were a recession or if they experienced population outflow, they will be bankrupt in a flash.
California is a very interesting basket case
We clearly have Silicon Valley , the entire movie industry in Los Angeles , the most beautiful mountain range in United States the Sierra Nevada, an incredibly beautiful coastline , unbelievable weather and the San Francisco -Bay area among many many many other positive attributes
Of course we cannot forget that the worlds greatest website run by the greatest patriot free republic and Jim Robinson are here in California in the Fresno area. Thank you Jim !
Here in the San Francisco Bay area there is constantly more people That want to move here than there is available housing
Now the counter is this state is run lock stock and barrel by far left loony demon cats who are doing their very dead level best to run the state into the ground
but I do believe that they’re starting to run out of ideas when they’re coming up with crap like banning plastic straws’s
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