Give the people what they want, and give it to 'em hard
Democracy is the theory that the common people know what they want, and deserve to get it good and hard.
H. L. Mencken
Florida will probably vote Republican this year, and it's easy to see why. Just look how much Florida has suffered at the cruel, socialistic hands of Washington.
1. From IRS data, we find that Floridas tax payments to Washington fell approximately $25 billion between 2007 and 2010, the bottom of the slump.
2. From Labor Department data, we find that in 2010 special unemployment insurance programs extended benefits paid for from DC were about $3 billion in 2010.
3. From SNAP (food stamp) data, we see that food benefits to Florida rose about $3 billion over the same period.
So as I read it, between falling tax payments without any corresponding fall in federal benefits, plus safety-net aid not counting Medicaid, which would make the number even bigger Florida received what amounted to an annual transfer from Washington of $31 billion plus, or
more than 4 percent of state GDP. Thats a transfer, not a loan. And its very big. Oh, and we should also add both FDIC costs and Fannie/Freddie losses in Florida.
http://krugman.blogs.nytimes.com/2012/06/02/florida-versus-spain/