Posted on 05/05/2020 4:22:40 AM PDT by knighthawk
WASHINGTON — States left cash-strapped by the coronavirus crisis shouldn’t count on federal bailouts — especially those run by Democrats, President Trump told The Post on Monday.
During a sit-down in the Oval Office, Trump echoed recent remarks by Senate Majority Leader Mitch McConnell, who last month refused to open federal coffers for “blue state” governments — including New York’s — that have been hit hard by the pandemic.
“I think Congress is inclined to do a lot of things but I don’t think they’re inclined to do bailouts. A bailout is different than, you know, reimbursing for the plague,” said Trump, who also predicted a strong economic rebound from the coronavirus crisis by the end of the year, and offered his opinions on presumptive Democratic challenger Joe Biden’s best pick for a running mate and the sex-assault allegations facing the former vice president.
(Excerpt) Read more at nypost.com ...
God help us, if Democrats win and proceeds to steal from financially responsible states.
Blue staters, honest ones, agree.
I hate to break it to you, but NO state in this union is financially responsible.
Some are just more hellbent on faster fiscal suicide than the others.
Talk about a biased article. The states who have been dreadfully mis-managed by their RAT governors to appease the union bosses, are trying to get Uncle Sugar to bail them out.
California started this trend with their wild-assed social experiments that they started, knowing that they would probably fail, but could be paid for by the current RAT occupant of the White House. Good ‘ol Uncle Sugar. But, Uncle Sugar ain’t doing what he is supposed to do, so California, and other states like Illinois, are in a really deep hole, because of it.
And, that aren’t able to tax themselves into prosperity.
Here is an idea MR president, if the state was in the black before the pandemic, you get help if it was in the red, you get nothing. Most if not all are in the red. You were in the toilet long before for mismanagement and corruption
Aw, come one everyone...this is our chance to say “Thank you,” to first responders, police, firefighters, and other pensioners who have stood on the front lines during these challenging times. They have been the brave ones who have selflessly served to keep us all safe, to offer help in troubled times, to bring healing to our communities.
Remember, together we will win...
There, I think I’ve got it. Now, how much should I make the check out for?
They can stay closed longer with federal money and cause deeper economic problems.
I think some are, but there aren’t enough of them to protect the country once the bills start coming due.
Well when you have certain States pumping up their numbers, it's not all that much different. ND is still paying for NY if it's federal money.
You’re all missing something here. There’s $33 TRILLION in IRA’s/401K’s out there.Do you think the rats are gonna leave us alone?Nip it in the bud. Have states declare bankruptcy. Do what Gerald Ford DIDN’T do: tell them to drop dead.
Give us the same amount of money they are giving to them on a per capita basis and I’m good.
Anybody realize that the money comes from somewhere and We the people ALWAYS wind up paying? Whether it’s trillions of borrowed money(China) or debased currency(mint) or higher taxes, we pay.
Government doesn’t GIVE money; it TAKES money.
Blue states think mama-DC will always declare a disaster and bail them out.
State pension funds are negotiated by in-state politicians.
Asking the Federal Government to bail them out is taxation without representation on citizens in the other states. Those citizens had no representation in the creation of other states’ obligations.
As a side comment, the representaion in-state is rather poor, with politicians bribing key voter blocs (like unions) for their short-term election gains with long-tailed obligations that fall on future generations. But at least the representation is arguably there, however attenuated. And, it was there when the obligations were assumed.
There’s no way to claim that someone in, say, Montana, should pay extra taxes to bail out an Illinois state or municipal pension fund.
How about South Dakota?
Check out Tennessee.
IIRC, they have had a balanced budget for years.
Not enough money, either.
The mayor, a Democrat, of Albany NY, the Capital, just announced that in a month her budget is now short 20 million, LOL.
#nostatebailouts
Every state has the same problems Medicaid, education spending, and public employee spending (pensions and bennies). Some states will just stay afloat longer than others.
In essence, folks who can do it should just pick the states looking to go bust last.
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