Strange no one's brought this state's financial situation up for discussion before becasue it is woth a study, and since it's a model for the liberal agenda it's got to be worthy of discussion. It could serve as a lesson to the nation as awhole too.
This is a state that is over $150B behind in their obilgations, mostly in state retiree benefits and entitlements. Even with regular tax increases the state's revenues continue to decline, and they are coming up on the 3rd full year without a state buget. Anyday now they'll enter a negative credit spiral like Venezuela and achive a much deserved junk status. The state will either have to cut vital services or social entitlements, perhaps both. Either way their prolonged Democratic governance will cause grievous harm to the people of the state, yet they'll find a way to blame someone else and ask for a bailout.
Seeing how this state is the epiceter of the nation's strongest liberal enclave, thier finacial problems can't be tied to a conservative agenda or leadership, but they can be directly attibutable to that long term liberal governance. And this is what's facinating, the people of the state still vote liberal! I'm assuming these are otherwise intelligent people who aren't seeing the correlation of cause and effect, and are clinging to political beliefs that by now have proven to be invailid to even the most causual observer. Can anyone explain why that is?