New York State going broke in 4.5 weeks! ...Who's next? (parade, Obama, how much)

[InformedConsent]

Must cut funding to education and hospitals.
Paterson: NYS Will Be Broke In 4 1/2 Weeks If Cuts Aren't Made Immediately - wcbstv.com (http://wcbstv.com/cbs2crew/david.paterson.special.2.1300362.html - broken link)

California, New York... Who's next?

[01Snake]

What's the $100 Million Dollar Man going to do about this?

[Sunny-Days-in-Florida]

Two liberal states that overtax their people and then spend money wastefully.

Guess liberals need to learn how to make things work on a budget.

Then show Obama how that works because he surely has no clue what a budget is.

Ask Bloomberg for a loan!!

[pghquest]

Pa's been unable to balance their budget for quite some time.

[summers73]

Down like dominos they go. That secession threat may actually become reality for states who are in the black.

[HappyTexan]

They have to start cutting to stay in line with revenues. There comes a point where new taxes just won't cut it anymore.

I love how none of these governments (state/federal) cut back to match their revenues.
I do see that local ones do as they put projects on hold.

[sailordave]

Originally Posted by InformedConsent

Must cut funding to education and hospitals.
Paterson: NYS Will Be Broke In 4 1/2 Weeks If Cuts Aren't Made Immediately - wcbstv.com (http://wcbstv.com/cbs2crew/david.paterson.special.2.1300362.html - broken link)

California, New York... Who's next?

Wrong answer. They should look first to eliminating unnecessary or redundant government jobs. Then they should look into freezing pay increases all the way to the top of the state government. Next, cut or eliminate spending on social services. How much did NYC spend on the NY Bankees' tickertape parade after buying another World Series title? You know George can afford to pay for that parade himself. After doing all the above, then you "CONSIDER" cuts to education and hospitals.

[ManGoneADreamin]

Originally Posted by InformedConsent

California, New York... Who's next?

Really? You have to ask?


The next ones will probably be Michigan, Illinois, and Massachusetts.

[sailordave]

What's sad is Gov Paterson "saw" this coming and the state legislature didn't.

[parfleche]

hey relax.once NYers are forced to buy obamacare the econemy will bounce right back.