Archive for October 11th, 2018
Blue and broke…
How do you judge a state? For several years, the Mercatus Center at George Mason University has looked at five measures of each state’s financial condition. They are: cash solvency, budget solvency, ability to meet long-term spending commitments, state spending and taxes as a share of personal income, and unfunded pension liabilities and debt.
Bear in mind that Mercatus used data from the states’ own financial reports to do this study, which is one of the reasons Democrats will scream bloody murder. All the worst-run states have one thing in common: they are run by tax-and-spend Democrats.
Apply the same principles to the country, and you should have no trouble figuring out what His Oneness did to the American economy, and what all the Democrats are promising to do if they regain control. Are you going to let that happen? I certainly hope not.