Ok everyone! You won’t believe this one! Get out a pencil and paper! Write this name down- Gina Raimondo!!
Who is she? She is the DEMOCRATIC State Treasurer of RHODE ISLAND!!! Yes, Rhode Island!! Yes, she’s a liberal Democrat!!
NOTHING to learn from that TINY State – WRONG!!
Rhode Island, NOTHING in common with NYS problems!! WRONG!!
Rhode Island is UNSOPHISTICATED compared with NY, CALIFORNIA and Washingington DC! WRONG!!
A LIBERAL STATE, they got what they deserve and can’t fix anything! WRONG AGAIN!
Before you delete this, here’s a little background. The tiny State of Rhode Island HAD an “unfunded liability” of 7 BILLION DOLLARS!! Of course, what do you expect – it’s a liberal Democratic State!!!!
THEY caused it. How do THEY fix it?? Of course, Democrats LOOK TO WASHINGTON FOR A BAILOUT.
NOT IN THIS CASE!!
In steps Gina Raimondo, the Democratic State Treasurer did it! What did she do? VERY SIMPLE. Rhode Island has the 5th highest state and local taxes IN THE NATION – 10.7% of the per capita income (that’s right!!). So raising their taxes WAS NOT AN OPTION.
Her plan – simple,
1- educate the entire population, including the unions, that the problem REALLY EXISTS (Not so easy to do)!!
2- The problem was getting worse!!
3- Everyone in the state was responsible and had to give something!!
4- The entire process was to be transparent (I really hate that word)!
So she spoke about problems and solutions, out in the open, everything was done in public (about now, you’re saying, yeah, Right!)
What was the response? Easy – not only did she sucessfully present her position to the public (they REALLY believed her), and they ALL agreed to –
1-raise the retirement age
2- suspend the cost-of-living increases UNTIL THEIR PENSION SYSTEM IS 80% FUNDED!!!
3- move some workers into a hybrid plan with a smaller guaranteed annuity and a 401k style defined contribution plan!!
Her formula- NO blame, Just Math, and discuss everything openly!
What Happened? They reduced the deficit by 3 Billion Dollars IMMEDIATELY! WOW!!!
What can WE learn from this?
First of all, I hope, that the financial mess we are all in is now being understood by ALL Americans, in ALL states and by ALL political parties (finally).
But, most importantly, the solution, is ALSO now apparent to everyone.
The Tea Party message of fiscal responsibility, lower taxes, individual freedoms, balanced budgets, no kicking the problem down the road, no “sleight of hand ” accountancy manipulations. etc. etc. may finally be getting through!! Tea Party math is simply math!
The Tea Party has said right from the beginning, IN SPITE OF WHAT THE NY TIMES AND NBC have said, that they are NOT just affiliated with One party. They can affect ALL Americans!! Their message is simple!
VOTE FOR CANDIDATES WHO ARE PART OF THE SOLUTION – NOT PART OF THE PROBLEM!!! Wake up America! 10 MONTHS TO GO!