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Blue-State Bailout Arguments Contradict Core Blue Principles
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Source: New York Stock Exchange via AP Images
In the days before Thanksgiving, the New York State Comptroller issued a report arguing that horrifically governed blue states really do deserve a federal bailout because, in the case of New York, the state only gets back 91 cents for every dollar that it sends to the federal government. The report lacks objectivity or thoroughness, designed only to get the predetermined result. It also ignores the central tenet (or at least the central tenet that is publicly admitted) of “progressivism.” And its falsehoods, omissions, and elisions are marshalled in service of one of the worse causes imaginable: bailing out irresponsible public pensions that were used to buy decades worth of votes at public expense.