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Despite taxing their citizens to death, deeply liberal states like New York, California, and Illinois face massive, unsustainable deficits. I doubt their leaders are too concerned though as it is guaranteed — they will become such messes that the federal government will step in to bail them out, meaning the rest of us have to foot the bill. There have already been calls for bailouts, but Democrats don’t yet have the monopoly power to do them. Notice they’re already tossing around the descriptor, fiscal “emergency.” Covid emergency, Ukraine emergency, climate emergency, budget emergency….it’s almost like there’s a pattern for pushing through government actions that will piss us off? 🤔
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