“THE PROBLEM WITH SOCIALISM IS THAT YOU EVENTUALLY, RUN OUT OF OTHER PEOPLE’S MONEY.” - Margaret Thatcher
Saturday, January 1, 2011
The State Budget Virus - HUMAN EVENTS
The State Budget Virus - HUMAN EVENTS: "Joe Tauke at The Daily Caller expands on the problem, pointing out that money from the big “stimulus” program is about to run out, and the expiration of the Build America Bonds program will increase the cost of financing state and municipal debt. Tauke quotes Tad DeHaven of the CATO Institute says that “State and local government employees and other special interests have been allowed to gorge themselves over the years at the expense of taxpayers,” indulged by local governments that “think they’ll get a federal bailout of some sort"
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