Remember when they sold you the sales tax hike the same way?
THEY LIED!
Related: State Slashers Loose in Massachusetts
"Revenue in last month declines; $243m below state estimates; could force more cuts and layoffs" by Matt Viser, Globe Staff | October 3, 2009
Governor Deval Patrick announced yesterday that the state’s September revenues came in $243 million below expectations, a shortfall that is worse than initial projections and could trigger hundreds of millions of dollars in budget cuts and layoffs.
Need $$$, Masser?
Pigs at the State Trough
A Slow Saturday Special: Statehouse Slush Fund
Biotech Giveaway Was Borrowed Money
Massachusetts Residents Taken For a Ride
UBS Picks Up Pike
Slow Saturday Special: Day at the Movies
The Hollywood Heist of Massachusetts
Why Massachusetts Needed to Raise Taxes
How many more times I gotta post 'em?
Revenues have slumped despite several tax increases this year, forcing state officials over the next two weeks to downgrade revenue estimates for the remainder of the fiscal year, which began just three months ago.
There is the GLOBE'S PRO-TAX BIAS again!
Maybe it is BECAUSE OF and NOT DESPITE, Glob!
That process will probably force Patrick to make deeper cuts to the state’s $27 billion budget, possibly slashing the local aid sent to cities and towns.
What's that glow I see in the distant?
“It’s certainly on the table, because it’s unavoidable,’’ Patrick told reporters after meeting with his Cabinet at the State House. At the same time, Patrick pointed to positive signs in the private sector, adding that Massachusetts is doing well compared with other states. State tax revenues typically lag behind improvements in the private economy....
F*** YOU, you lying sack of s***!!!!!!!!!!
Revenues from nearly every tax the state collects missed expectations last month, including sales taxes. This was the first month to reflect the controversial sales tax increase that was approved earlier this year by the Legislature. Retailers had warned that taxes would not come in as high as projected, in part because residents would flee to sales-tax-free New Hampshire.
But they don't listen to the people who are right -- ever!
State officials warned that it is difficult to draw conclusions from one month’s revenue, and they said that the budget picture would be direr, if it had not been for the sales tax boost....
Ever hear of the expression in one ear, out the other? Use it here.
Regardless, the lagging revenues could hurt Patrick politically as he heads into a reelection campaign next year.
Yeah, WHATEVER when it comes to the TRUTH, 'eh, agenda-pushing s***ter?
Let's get to the POLITICS!!!
On Thursday, Patrick announced that President Obama will come to Boston Oct. 23 for a fund-raiser for Patrick’s reelection campaign. The governor was asked yesterday whether that was a sign that he was concerned about his poll numbers.
He should be.
Related: Slow Saturday Special: Patrick's Invisible Approval
“That’s hilarious. Really?’’ Patrick said. “Poll numbers are down, and so call the White House? I don’t think many other elected officials get to do that. My president, our president, is coming to support the reelection campaign.’’
Yeah, one wonders why the Globe made that a buried brief, and why Patrick is DOING LOUSY in the $$$-raising game.
Goodbye, a**hole!!!
Still, Patrick said he remained hopeful that the state will rebound. Asked if he saw a light at the end of the tunnel, he said, “I do, I really do.’’
We CAN'T EAT HOPE, and that light is a train!!!!
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And what is the FED'S ADVICE?
"Economy fragile, Hub Fed chief says; As jobless rate hits 9.8%, Rosengren sounds a warning" by Robert Gavin, Globe Staff | October 3, 2009
Eric Rosengren, speaking yesterday to the Greater Boston Chamber of Commerce at the Four Seasons Hotel in Boston, said the Federal Reserve and US government risk undermining a fragile recovery if they.... raise taxes to reduce the federal deficit.
And what did my stoo-pid state just do?
After suffering a severe banking crisis and recession in the 1990s, for example, the Japanese government raised taxes to reduce deficits as soon as the first signs of a recovery appeared, Rosengren said. The result was another recession and an extended period of economic stagnation....
Related: From Recession to Depression
On your way, 'murka.
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