Posted on 02/23/2009 5:25:48 AM PST by Shellybenoit
As the saying goes, "There is no free lunch." Such is the case with the massive stimulus bill signed into law by President Obama last week. Because while the bill gives states some short term money, it commits them to long term payments that may bankrupt the state governments in the long term.
Here is an example of the entitlements that will now be burdening state treasuries:
Consider South Carolina. Its annual budget is roughly $7 billion and the stimulus will send about $2.8 billion to the state over two years. But to spend the hundreds of millions of dollars allocated to the likes of Head Start, child care subsidies and special education, the state will have to enroll thousands of new families into the programs. "There's no way politically we're going to be able to push people out of the program in two years when the federal money runs out," Mr. Sanford says.,,,
,,,When you read about governors refusing to take the stimulus money its not due to partisan posturing, but it is all about saving state budgets down the road. In fact as of now 11 states have said no to the "free money" and they say the US Constitution is on their side:
(Excerpt) Read more at yidwithlid.blogspot.com ...
My boy: M.O.M. here in Maryland cant think that far ahead.
All he can see are all those entitlement voters.
Suckers born every minute you know.
There’s no way politically we’re going to be able to push people out of the program in two years when the federal money runs out
But... But...
(From Liberal media message board, Daily KOS)
“WHY do Republicans hate the unemployed, and want them to STARVE!!!!????”
The propoganda pushback for denying the “stimulus” is already beginning. I hope we have Repubs with the spine to stand up and be counted, because the demonization campaign on this is going to be VISCIOUS...
And that's what the Obamination wants. This is just the first step in total centralization and socialization.
WHY do Republicans hate the unemployed, and want them to STARVE!!!!????
My response to that statement I hear often from the left:
“We do want to help but we prefer private charities and helpful families rather than yet ANOTHER bloated federal bureaucracy soaking up tax dollars from the working class.”
This is like giving away free heroin. What are all the new junkies going to do to get their fix when the bill comes due?
OOPS. Not everyone is as stupid as Obama and Pelosi thought.
The so called Stimulus bill is littlemore then a Central Government take over bill. If the FederalGovernment gives a State several Billion dollars that the Federal Government DOES NOT HAVE, there had to be a catch.The catch is the standard one used by the left to impoverish black people for decades and get them tied into the welfare system. The Stimulus bill willget the States that accept themoney tied to the FederalGovernment more then they are. Standard Socialist Government Policy.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.