Are you listening Governor? It's the spending stupid!
I was reminded today of Bill Clinton's famous line directed at George H W Bush during the run up to his election upset. It came to mind when reading through some information related to the Governor and his complete lack of financial seriousness. Paul Mulshine on NJ.com today wrote regarding the Governor's intention to increase spending while facing a 3 billion dollar budget deficit.
The school funding plan has its good points. For one thing, Corzine plans to finally start giving some state aid to many middle-income suburban school districts that have been shortchanged for years.
But where's the $530 million per year in new state school aid going to come from? When Education Commissioner Lucille Davy was asked that question, she responded, "The governor has indicated that he has calculated this as part of the deficit."
Yes, you heard it right. Governor Corzine intends to address the budget deficit by budgeting in additional debt for new giveaway programs. I used to think that our politicians in New Jersey just don't get it. Apparently, the voters need to tell them "It the spending stupid!".
Read the opinion piece here.
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home