Tag Archives: public worker pension bailout

Blue State Pre-existing Condition

blue state pre-existing condition, bailout, public worker pensions
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Blue states have a pre-existing condition that makes them more vulnerable to the Corona virus lockdown. And Nancy Pelosi has a plan for that. But Mitch McConnell pronounced her $3 trillion bailout cure dead on arrival. Instead, he prescribed bankruptcy.

But the U.S. Constitution might pronounce that idea is dead on arrival too.

The plan could be raised from dead though. Bloomberg Businessweek says red states need bailouts too.