Try to Lie or Die
March 07, 2010
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The state budget presented six weeks ago by Missouri Gov. Jay Nixon may have overestimated revenues by as much as $1 billion, lawmakers warned Tuesday.
The stunning deficit could force lawmakers to go beyond program and service cuts to consider major structural changes to state government.
That announcement was underscored Tuesday by the release of state revenues for February, which showed a year-to-date decline of 12.7 percent compared with this time last year, and a 14.6 percent drop in revenues for February.
TAX RECEIPTS ARE FALLING OFF A CLIFF AS THE RECOVERY CONTINUES......
The salaries paid to state workers are a HUGE percentage of Federal Income Tax receipts......if state workers aren't receiving generous salaries, Uncle Sam is not bringing in the necessary dollars to sustain the system as we know it....including social security, medicare, unemployment, and welfare.
If government isn't making these payments, then Walmart's sales would evaporate, so would most hospitals, drug companies, drug stores, and grocery stores.......and much of the economy as we know it.
If the above sales contracted...so would the spending of the tens of millions of people that worked in the above industries........
In the end, if we are not lending, spending, and taxing.....we are simply relaxing or lying.