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"You cannot build a state budget on onerous taxes." Whatever happened to saving in the good years to spend in the lean years? Wait, was it all spent on bribes
by iwwr 16y ago
"You cannot build a state budget on onerous taxes."
Whatever happened to saving in the good years to spend in the lean years? Wait, was it all spent on bribes and political promises?
- cagey 16y ago> Whatever happened to saving in the good years to spend in the lean years? Companies and families (including individuals) surely do, but has ANY government ever "saved for the lean years"? > Wait, was it all spent on bribes and political promises? I suspect an awful lot went (in)directly into corrupt government employees'/officials' pockets: remember Bell, CA? http://www.scpr.org/news/2011/03/24/former-bell-city-administrator-rizzo-arraigned-cor/ http://www.scpr.org/news/2011/03/24/former-bell-city-adminis... Power (the largely unchecked ability to spend OPM) corrupts? P.S. (from the above linked article) quick, name the party affiliation of those arraigned! I think they must be "Independents" all.
- daniel-cussen 16y agoCompanies and families (including individuals) surely do, but has ANY government ever "saved for the lean years"? I believe some kings have, back in the absolute monarchy days.
- Semiapies 16y agoWell, one way or another it was blown on spending that couldn't be sustained in a downturn.