The States were living off the Serial Wall Street Asset Bubbles just like the rest of America... In fact...asset bubbles were "What American Does" for years...
High house prices boosted State Property Taxes...and High Stock Prices made state pension plans "look solvent"...
Now...post-crash...States have to balance their budgets ...no matter what...they can't deficit spend.
Here's the problem...the Republicans are loving it...and the Democrats are simply doing what has to be done...
Once the public gets some idea what these cuts really mean...with massive college tuition hikes...unmaintained roads...closed parks, schools and libraries...higher licence fees...and less aid to local education, cuts to Medicaid, and Food Stamps...?
Well that tingle going down the Republicans legs right now...will become a pain in their Butts...
Cut the budget...the Wall Street Crash effected everyone...BUT DON'T ENJOY IT SO MUCH...!
Republicans have a front row pew in the Church of Perpetual Gloom... But that will not be a winner at the polls in 2012
My hunch is that as the year goes on...the voters will be "taking the cure" about voting Republican...just in time for Obama to sail into a second term...against any Republican clown nominated...
PS...With the exception of The Donald...who I think could beat Obama... The Donald is a rare breed...a "Conservative Progressive"... He hates the deficits...and he hates what we are letting Wall Street and China do to the US economy... I usually don't vote...but I would consider voting for The Donald...he might be the real "change" people were looking for...in Obama...but did not get...
