Dec 02 2008
Sanford Says No Federal Bailouts for States
While some state governors, lead by Governors Arnold Schwarzenegger (RINO-CA) and David Paterson (D-NY), are appealing to the Feds to bail out their state’s irresponsible ways, Mark Sanford had this to say:
At the House hearing, South Carolina Gov. Mark Sanford said states had increased their spending by 124 percent over the last 10 years and that a bailout by the federal government would only exacerbate the trend.
“There seems to be no consequence, and indeed a reward, for unsustainable spending growth by states,” he said. He suggested that Congress remove restrictions on how states spend federal money “to simply give the states more freedom,” predicting that would ease their financial troubles.
That does indeed seem to be the way in Washington, no consequences for much of anything these days. California and New York in particular are in debt because of reckless spending and an ever growing welfare state. The only thing that bail out money would go to is to pick up the tab on pork barrel projects and socialist nanny programs they have harbored and it will be those states that have been frugal and lived within their means who would be paying for it. Congress needs to tell these governors no. Let the people of their states feel the pain and maybe they’ll think more carefully about who they vote for at the next election.
