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Pic Of The Moment: The Awesomeness Of Austerity (Original Post) EarlG Jun 2012 OP
I'm surprised to see stats for 'states expanding spending'! I thought all of our states were cyberpj Jun 2012 #1
A footnote at the end of the CAP report shows the breakdown of the states: cyberpj Jun 2012 #2
Yup, it sucks to have a Dem Gov in CA that cuts bone. SunSeeker Jun 2012 #3
Yeah, but the state can't print money like the Fed can. SpankMe Jun 2012 #5
It has nothing at all to do with Brown. truedelphi Jun 2012 #6
Thanks for that. Colorado Springs actually cut off the lights. joshcryer Jun 2012 #10
K&R SunSeeker Jun 2012 #4
This graph isn't what I would have hoped for Madison Blue Jun 2012 #7
Agreed 100% fedupintheATL Jun 2012 #9
The Rich and corporations have PLENTY of money ErikJ Jun 2012 #11
It proves that cutting spending and austerity does not improve economic conditions....DUH MindMover Jun 2012 #16
Arkansas and Mississippi have money to spend? crim son Jun 2012 #14
Generational austerity and tax cuts for the rich ErikJ Jun 2012 #15
The Graphs Have Nothing to Do with the Qualities or Situation of the Various States On the Road Jun 2012 #18
email this to everybody you know. post to M$M web-sites. recommended! Bill USA Jun 2012 #8
Lo, though i walk through the valley of death, i fear no enemies... chknltl Jun 2012 #12
...and come follow me stanleyyelnatsdotCOM Jun 2012 #13
Why don't we get it? Brooklyn Dame Jun 2012 #17
All we need to do is tax the rich again. grahamhgreen Jun 2012 #19
 

cyberpj

(10,794 posts)
1. I'm surprised to see stats for 'states expanding spending'! I thought all of our states were
Fri Jun 22, 2012, 12:37 PM
Jun 2012

suffering from Fed budget cuts requiring state budget cuts.

Gonna go check the article to see if they list the states by name. And then, if there's any correlation between red states and blue states.

 

cyberpj

(10,794 posts)
2. A footnote at the end of the CAP report shows the breakdown of the states:
Fri Jun 22, 2012, 12:46 PM
Jun 2012
Expenditure-cutting states are:
Alabama, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Indiana, Kentucky, Maine, Michigan, Missouri, New Jersey, New Mexico, Ohio, Pennsylvania, Rhode Island, South Carolina, Vermont, and Washington.

Expenditure-expanding states are:
Alaska, Arizona, Arkansas, Idaho, Illinois, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Minnesota, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New York, North Carolina, North Dakota, Oklahoma, Oregon, South Dakota, Tennessee, Texas, Utah, Virginia, West Virginia, Wisconsin, and Wyoming.


And while there may be a trend to be found, it's not definitive as to red state vs blue states.

SunSeeker

(51,295 posts)
3. Yup, it sucks to have a Dem Gov in CA that cuts bone.
Fri Jun 22, 2012, 01:44 PM
Jun 2012

The fat here in CA has long been cut. Now we're talking about cutting school year length, coverage for home health aids (and real stupidity, since it will force elderly into expensive nursing homes) and other such nonsense. I'm really disappointed with Brown on all his bullshit cuts.

SpankMe

(2,931 posts)
5. Yeah, but the state can't print money like the Fed can.
Fri Jun 22, 2012, 02:19 PM
Jun 2012

Brown has to make ends meet. We're all "borrowed" out (in Cali), and conservatives fight and kill even modest tax increases on those who can afford it. Brown just has no $$ to spend to keep these programs going.

truedelphi

(32,324 posts)
6. It has nothing at all to do with Brown.
Fri Jun 22, 2012, 02:43 PM
Jun 2012

And this is not coming from a Brown enthusiast.

But the reality of the matter is that this state was heavily invested in the housing bubble. And so it lost big time when that bubble burst.

Most government services from the state of California are funded locally through property tax and state income tax. When people are not working, or have had their home's value reduced by tax assessing value to a third of what the value was in 2005, the monies received are insufficient.


When I moved to Lake County in N Calif in 2005, I could not even find a house to look at that was valued under 200K. Now ninety percent of the homes on the market are valued at lower than that.

Many people have been foreclosed upon. And those who have not been foreclosed, are paying a mortgage that is underwater.

Schwartzennegger went and asked Geithner for a twenty billion dollar loan back in 2010. he was refused on the grounds that this would add to the deficit.

Of course, then over the next thirteen months, the Feds went and spent some 255 billions of dollars modernizing the weaponry and offering up weaponry to UAE states and Israel. So it shows that if our priorities as a nation were about something other than killing people and helping other nations kill people, that much could be done.
(I don't have the totals of monies spent on our two major wars, so those costs are not even included in this discussion!)

Traditionally, Californians have paid in one dollar for ever 73 cents they get back fromthe Feds.

joshcryer

(62,265 posts)
10. Thanks for that. Colorado Springs actually cut off the lights.
Fri Jun 22, 2012, 11:15 PM
Jun 2012

Crime did go up marginally, as was predicted.

 

Madison Blue

(5 posts)
7. This graph isn't what I would have hoped for
Fri Jun 22, 2012, 02:43 PM
Jun 2012

All it really demonstrates is that the states with money to spend are doing better than those that are broke -- duh! The spending lines move in opposite direction, but the growth lines are virtual mirrors, except that the blue ones immediately start ahead and remain that way.

This does NOTHING to prove our point!

 

fedupintheATL

(2 posts)
9. Agreed 100%
Fri Jun 22, 2012, 08:32 PM
Jun 2012

Why the FUCK would anyone post this as evidence in favor of government spending. It proves nothing either way.

 

ErikJ

(6,335 posts)
11. The Rich and corporations have PLENTY of money
Fri Jun 22, 2012, 11:36 PM
Jun 2012

The Red states dont want to ask them to pony up so they cut instead.

crim son

(27,462 posts)
14. Arkansas and Mississippi have money to spend?
Sat Jun 23, 2012, 11:45 AM
Jun 2012

Laughing. I agree that the graph isn't satisfactory proof of anything, but there's more to it than what you suggest.

 

ErikJ

(6,335 posts)
15. Generational austerity and tax cuts for the rich
Sat Jun 23, 2012, 01:36 PM
Jun 2012

Those states are like 3rd world countries that dont invest in their future because they dont want to tax their top 1%. So their economies are worse off with less revenue.

On the Road

(20,783 posts)
18. The Graphs Have Nothing to Do with the Qualities or Situation of the Various States
Sat Jun 23, 2012, 07:23 PM
Jun 2012

They have to do with the economic activity of cutting versus not curring that type of spending.

And partly because the mix of states is not clearly correlated with something else, it amounts to real evidence.

chknltl

(10,558 posts)
12. Lo, though i walk through the valley of death, i fear no enemies...
Sat Jun 23, 2012, 01:46 AM
Jun 2012

...because there be nothin but us poor folk down here, many are,homeless, starving and in need of medical help. Nope, no evil to fear here in the valley. It's them bastards on the peaks that I fear!

 
13. ...and come follow me
Sat Jun 23, 2012, 09:06 AM
Jun 2012

16 And behold, Willard RMoney came to Him and said, "Teacher, what good thing shall I do that I may obtain eternal life?"

17 And He said to Willard RMoney, "Why are you asking Me about what is good? There is only One who is good; but if you wish to enter into life, keep the commandments."

18 Willard RMoney said to Jesus, "Which ones?" And Jesus said, "Willard RMoney, You shall not commit murder; You shall not commit adultery; You shall not steal; You shall not bear false witness;

19 Willard RMoney, You Must Honor your father and mother; and You shall love your neighbor as yourself."

20 And Willard RMoney said to Jesus, "All these things I have kept; what am I still lacking?"

21 Jesus said to Willard RMoney, "If you wish to be complete, go and sell your possessions and give to the poor, and you shall have treasure in heaven; and come, follow Me."

22 But when Willard RMoney heard this statement, he went away grieved; for he was one who owned much property.

Read More ---> Click

Brooklyn Dame

(169 posts)
17. Why don't we get it?
Sat Jun 23, 2012, 02:26 PM
Jun 2012

All of the European and South American countries that put strict austerity measures in place are battling against near depressions and bankruptcies. Unreal...we just don't learn.

http://borderlessnewsandviews.com/2012/05/the-gop-seinfeld-woody-allen-and-the-case-against-austerity/

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