Arnold Schwarzenegger is asking the federal government for $8 Billion or else... Or else he'll impose massive cuts in the California state budget. What does this really translate into? He wants the taxpayers of 49 other states to incur more debt so that he won't have to break his promise not to raise taxes on California's tax payers. This is absurd and it indicates the hypocrisy and intellectual bankruptcy of today's Republicans - even "moderates" like Schwarzenegger. He knows the cuts will be at best unpopular and at worst genuinely disastrous. But rather than return the tax rate to where it was before the series of tax cuts in the go-go 90s, he's gone begging to the federal government. In effect he's trying to force the rest of the country to balance his budget for him.
Wednesday, December 23, 2009
He's not the only Republican to do this. Alaska is the worst offender and Sarah Palin is their prophet. But the states that are most dependent on federal spending tend to be dominated by "conservatives" and Republicans. It's no secret that the South receives much more from the Feds than they contribute in taxes to the Federal coffers. Now Schwarzenegger wants to head down that path for the largest state in the country.
Republican policies, are simply unsustainable. It is impossible for every state in the country to work this way. Of course, it is possible (albeit hypocritical) for a handfull of small states to do so. But the country would be in real distress if California and other traditional contributor states start doing this too.
Posted by Raised By Republicans at 5:42 AM