Steve Malanga: How States Hide Their Budget Deficits - WSJ.com

INTO THE WRONG MAW: Steve Malanga: How States Hide Their Budget Deficits - WSJ.com: "- Sent using Google Toolbar"

One reads this and can't help but think anyone with any resources or hopes to establish or grow a business would want to be away from these states.

As such, the states and the country are only compounding the unemployment problem by letting businesses know that they'd better get as many assets out of the way of this hungry maw of government and union revenue raising.

It's clear from the market success of the iPod, iPad, iPhone, etc. that there is a market for new products and services. It's also clear that the US needs major upgrades to infrastructure and, in reading any technology or scientific pages, there are myriads of great ideas for making life better.

The question isn't asked why these aren't taking place? Especially in light of the fact that there appears to be an abundance of credit being extended (except of course it it to government for entitlements and consumption - not investment into jobs).

Companies are also in excellent financial shape.

Clearly somethings are out-of-whack economically. And, with consumption replacing investment and government replacing the private sector, it would appear that the questions of what to do are being ignored - after all, who wants to see cutbacks in government, retirement or health benefits that someone else (i.e. the rich and businesses) are paying for.

Sure, the Democrats under Obama, Pelosi and Reid have spent a year and a half making the problem worse and the solutions more difficult; but, do the Republicans really have the guts or a plan to change things? After all, the last time they were in office they spent too much as well.