Some states in money trouble

California would like to borrow 7 billion dollars from the federal government to tide them over until they collect their taxes.
I also know that Georgia is a couple of billion short, even after "cost cutting" arbitrarily- that is, a certain percentage from nearly every department. It wasn't enough.

Some reports are saying that there may be as many as fifteen states in the same condition, and if there is, there will be others in trouble also when the full impact of the credit crunch and recession hits them.

School systems are beginning to ask for further sales taxes or bonds in order to keep from actually cutting expenses significantly.

It also appears that the government is also "cooking" the unemployment numbers, since when 150,000 jobs were lost last month, the unemployment percentage didn't move---still, 6.1%! Of course they never have counted those who have either exhausted their benefits, or simply quit looking for a job, with some working for cash when they can find a little work. Lot of that sort of thing going on now.

If you don't count people who are paid by tax money, prisoners, retired, military, hospital patients and ill people, and many others, about 40-50% who work full-time support the other 50-60%, now.

I know that we need to have more imagination in order to solve our economic problems than to throw up to nearly a Trillion dollars (it will be much more) at the banks and Wall Street, and hope that things work out.

I fear that we are going to sit back now and wait a year or two and watch the trillion disappear, things slowly get worse, and then spend some more we don't have. Hell, that is what has caused the problems!

The answer is at the bottom of the totem pole: "create" an enormous quantity of jobs rebuilding our infrastructure and bringing product manufacturing home!
Stop the overly easy credit situation for companies and people!
Creating or saving all those jobs in New York and banks everywhere will just go to the salaries of those who are overpaid for their results!