It wouldn’t come as a surprise that people that go to universities tend to be liberal. And, considering that they are liberal, they must live in economic la-la-land.
One of the things that made the rounds on my Facebook was a boastful poster saying that those states with the highest number of college-educated people all went for Obama. The implication is that these smart Blue State people, unlike the ill-educated yahoos in Red States, are the ones who have the brains and ability to understand how Obamanomics will serve America.
What the genius who created this poster missed the fact that these smart Blue States are, not coincidentally, almost all broke. Thus, of the list above, the following Blue States are amongst those states running the biggest budget shortfalls in America: Virginia, New Jersey, New York, Vermont, Massachusetts, Maryland, New Hampshire, and Minnesota. In other words, 80% of the “best educated” states are in dire financial straights. You’d think that, with all those smart people, they’d be rolling in the green stuff.
It turns out that one of the biggest indicators of Blue state-ness isn’t smarts — it’s brokes. Here’s the list of the states Obama won, with the ones that have more than a 10% budget shortfall marked, appropriately enough, in red:*
It’s striking that, of the 26 states that gave their electoral votes to Obama, 84% are in debt. (The perpetually broke District of Columbia also gave its vote to Obama, raising to 85% the number of broke jurisdictions that went true blue.) You’d think that, with all those smart people floating around, they’d manage their money better. In a way, you could say that the Blue States are actually Red States, given their financial hemorrhaging.
By the way, given that we’re still in a recession, it’s true that many Red States are also in debt. Still, there’s no doubt that the Red States are managing their money better than the ones filled with all those educated Progressive geniuses:
As you can see, only 41% of the “dumb” Red States are seriously in the red. They may not have the degrees, but they have sufficient smarts to control their budgets — which is the fundamental responsibility of all viable governments.
So, for all of the alleged knowledge and wisdom in the blue states, it seems that they have great difficulty balancing their checkbooks. Or, as Reagan said…
I would strongly recommend heading over to bookworm to read the remainder of the post there. It is well done and thought provoking.