Cuomo's GREAT response to McConnell's cynical suggestion that states declare bankruptcy:

[elleng]

“Senator McConnell says we should declare bankruptcy. Here in New York we pay $220 billion more in to the federal government than we get back. Senator McConnell’s state of KY takes $150 billion more than it pays in. Tell me Senator, if we declare bankruptcy like you ask, who’s going to pay your bills next year?”


https://thehill.com/homenews/state-watch/494326-cuomo-slams-mcconnell-states-declaring-bankruptcy-is-one-of-the-really


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Reminds me of a great line in The West Wind, Pres. Bartlet debating with his challenger for 2d term, re: 'State's Rights:' Can we have it back?

[Drum]

1. Smack!

[SoonerPride]

2. That will leave a mark on Moscow Mitch

McConnell is a cancer on America

[MyOwnPeace]

12. NO IT WILL NOT!!!!!

Slime-bucket Moscow Mitch McTurtle has inherited the "Reagan Teflon" solution - no matter how much of a dick you are - you can get away with ANYTHING!

And I believe that is the power Moscow Mitch McTurtle has over IQ45 - he sells bottles of that "solution" to IQ45 - and to keep him supplied there is NOTHING that they won't do for each other (Oh, GAWD, don't even make me THINK of a visual for THAT one!).

[PA Democrat]

3. Wow! That is going to leave a mark.

[Squinch]

4. I really wish the state would find some way to make it so we don't get fined and penalized if we

New Yorkers paid our Federal taxes to the state instead.

[dhill926]

5. oh HELL yeah....

and people need to be made aware of this discrepancy....good for the guv....

[TexasTowelie]

6. The pension funds for state employees and teachers in Kentucky are poorly funded.

Kentucky would have to make significant cuts if they did not receive federal assistance.

[Bernardo de La Paz]

8. Kentucky get THIRTY EIGHT percent of state revenues from Fed Gov. Fifth highest TAKER state

Mississippi #1 at 40%.

[druidity33]

17. Excellent resource. ND was a surprise. K&R, nt.

[JI7]

7. I wonder if anyone in the media will ask Mcconnell that

[crickets]

9. BOOM. Great answer. nt

[bucolic_frolic]

10. That's a staggering 'trade deficit' for a state

What exactly does Kentucky export that makes it so much money? Whiskey? It's a descendant of licenses and patents created in the repeal of Prohibition? Or is that off by a country mile?

[elleng]

11. Economy

The best selling car in the United States, the Toyota Camry, is manufactured in Georgetown, Kentucky.

The best selling truck in the United States, the Ford F-Series, is manufactured in Louisville, Kentucky.
Early in its history, Kentucky gained recognition for its excellent farming conditions. It was the site of the first commercial winery in the United States (started in present-day Jessamine County in 1799) and due to the high calcium content of the soil in the Bluegrass region quickly became a major horse breeding (and later racing) area. Today Kentucky ranks 5th nationally in goat farming, 8th in beef cattle production,[113] and 14th in corn production.[114] Kentucky has also been a long-standing major center of the tobacco industry – both as a center of business and tobacco farming.

Today Kentucky's economy has expanded to importance in non-agricultural terms as well, especially in auto manufacturing, energy fuel production, and medical facilities.[115]

Kentucky ranks 4th among U.S. states in the number of automobiles and trucks assembled.[116] The Chevrolet Corvette, Cadillac XLR (2004–2009), Ford Escape, Ford Super Duty trucks, Ford Expedition, Lincoln Navigator, Toyota Camry,[117] Toyota Avalon,[117] Toyota Solara, Toyota Venza,[117] and Lexus ES 350[117] are assembled in Kentucky.

Kentucky has historically been a major coal producer, but employment by "King Coal" has been in a 30-year decline there, and the number of people employed in the coal industry there dropped by more than half between 2011 and 2015.[117]

As of 2010, 24% of electricity produced in the U.S. depended on either enriched uranium rods coming from the Paducah Gaseous Diffusion Plant (the only domestic site of low grade uranium enrichment), or from the 107,336 tons of coal extracted from the state's two coal fields (which combined produce 4% percent of the electricity in the United States).[118]

Kentucky produces 95% of the world's supply of bourbon whiskey, and the number of barrels of bourbon being aged in Kentucky (more than 5.7 million) exceeds the state's population.[117][119] Bourbon has been a growing market – with production of Kentucky bourbon rising 170 percent between 1999 and 2015.[117] In 2019 the state had more than fifty distilleries for bourbon production.[120]

Kentucky exports reached a record $22.1 billion in 2012, with products and services going to 199 countries.[121]

According to the Kentucky Cabinet for Economic Development, the primary state agency in Kentucky responsible for creating new jobs and new investment in the state, new business investment in Kentucky in 2012 totaled nearly $2.7 billion, with the creation of more than 14,000 new jobs. One such investment was L'Oréal in Northern Kentucky, which added 200 jobs on top of the 280 already in existing facilities in Florence and Walton.[122]

Fort Knox, a United States Army post best known as the site of the United States Bullion Depository, which is used to house a large portion of the United States official gold reserves, is located in Kentucky between Louisville and Elizabethtown. In May 2010, the Army Human Resource Center of Excellence, the largest office building in the state at nearly 900,000 square feet (84,000 m2) opened at Fort Knox. The new complex employs nearly 4,300 soldiers and civilians.[123]

Kentucky contains two of the twenty U.S. Federal Penitentiaries – USP Big Sandy (in the east in Martin County near Inez) and USP McCreary (in the south in McCreary County in the Daniel Boone National Forest).

The total gross state product for 2019 Q1 was $213.313 billion.[124] Its per-capita income was US$25,888 in 2017.[125] An organization called the Institute for Truth in Accounting estimated that the state government's debts exceeded its available assets by US$26,300 per taxpayer as of 2011, ranking the state as having the 5th highest such debt burden in the nation.[126]

As of October 2019, the state's unemployment rate is 4.3%.[127] In 2014, Kentucky was found to be the most affordable U.S. state in which to live.[128]

https://en.wikipedia.org/wiki/Kentucky

[yellowdogintexas]

15. Kentucky was one of the initial states in the Federal trial program for returning

industrial hemp to the market, and it is once again being grown as a cash crop. (it was a major crop, used in the manufacture of rope) . After WWII farmers stopped growing it. I do not know if it was lack of demand due to new and improved rope materials or if it was linked to marijuana laws.

Tobacco IS definitely a huge crop; Kentucky even has its own special variety. Dark Fired Tobacco is only grown in Western Kentucky (also known as the "black patch&quot because of the curing method. It looks different in the field and is cured with smoke in closed vented barns so no light comes in. The 'fire' is made of smouldering sawdust from aromatic wood like cherry, apple, pecan, walnut, etc., and it smells heavenly. It is mostly used for pipe and chewing tobacco. I hate smoking and all uses of tobacco but those barns are another story altogether.

It is not uncommon for someone to knock on a farmer's door to tell someone the barn is on fire, because the smoke leaks out of all the cracks between the boards and the vent at the top. The smoke is beautiful in early morning fog

[lagomorph777]

14. McConnell is their chief export.

Frankly, I'd pay them big to take him back and keep him there.

[Lonestarblue]

16. McConnell has low approval ratings in Kentucky, but he keeps being elected.

I have long assumed that he buys his elections, either through poor people paid to vote for him or promises of future government favors.

[Cha]

13. Thank you, Gov Cuomo.. Indeed!