SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (139922)6/29/2010 11:06:57 AM
From: Steve Lokness  Read Replies (1) | Respond to of 541851
 
But is the gain from that worth, at an aggregate level--across all states, endangering a much further dip down in the economy. I don't think so.

We will have to differ on this John. The bloated wages of local governments is completely unsustainable. If we fail to deal with it now, things just continue to get worse and the pain is worse on down the road.

Do you look to loan money to governments or just give them money?