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The reversal of fortune in California has been truly amazing, especially in view of the fact that California had the WORST projected deficit in the country in its 2012 budget:
You may also notice that Texas wasn't very far behind California in terms of its budget deficit. In view of the fact that Texas has both a Republican governor and a Republican legislature, the chances are pretty good that they aren't going to improve things much this year either.
As much as I'd like to point my finger at the Republicans, it appears that budgets (at least at the state level) can be solved in a bi-partisan manner. Only 8 states had no budget defici
t in 2012, but they're nearly equal in terms of party affiliation.
Here's the breakdown:
Alaska - Republican governor - EVEN legislature
Arkansas - Democratic governor - Democratic legislature
Kentucky - Democratic governor - Republican legislature
Missouri - Republican governor - Republican legislature
North Dakota - Republican governor - Republican legislature
Virginia - Republican governor - Democratic legislature
West Virginia - Democratic governor - Democratic legislature
Wyoming - Republican governor - Republican legislature
Articles from both Business Insider and the New York Times explore the details on the budget surplus in more detail:
If California is wondering where to spend its money, a good place to start would be roads and bridges
We all know that the fiscal austerity preached by the Republican Party simply doesn't make any sense, a lesson that has now been learned by various countries in Europe. As further proof, though, consider the "food stamp" program, which is now called SNAP, or Supplemental Nutritional Assistance Program. 15% of our population now relies on this program, a record high 47.8 million people. 11 states have between 16.5% and 20.6% of the population on the program.
7 of those 11 states have REPUBLICAN governors, which means that Mitt Romney may have been right after all. Since most of the "takers" live in Red States, they'll probably continue to vote for Republican candidates. However, the smart voters will continue to vote for the Democrats, and a recent New York Times article explains why:
Incidentally, although every Republican on the House Agriculture Committee recently voted to cut $20 billion from the food stamp budget, the President who expanded the program the most was a Republican, Richard Nixon. This is what he had to say in 1969:
“That hunger and malnutrition should persist in a land such as ours is embarrassing and intolerable.”