State revenues have dropped down to a new, lower trend line. We cannot expect to return to pre-recession spending levels.
Budget
budget and local aid updates, community preservation act, financial outlook, local aid policy, priorities/requests, resources, revenue, taxes
An exchange about policy on economic growth
I left David Chase and Jim Sloman know that I liked this article on pro-growth economic policies and asked for their comments and they had the exchange reproduced below. As a state representative, I focus on matters of state policy and especially on those matters of state policy where there is some potential for action. …
Continue reading “An exchange about policy on economic growth”
If only we had leaders like Margaret
I encourage you all to read this commentary from the London Daily Telegraph which looks back at the wisdom of Thatcherism- http://blogs.telegraph.co.uk/news/peteroborne/100064330/margaret-thatcher-knew-the-single-currency-would-devastate-europe/ key takeaway- In the 1980s the policies of Britain’s first female Prime Minister, which brought pain and unrest to the UK, were called ‘Thatcherism’. Today, we would call such policies by a different …
Our Long Term Financial Problems II
This continues a collection of links the people have been sending me on our long financial problems.
Being from a blue state this is worth reading
While Mass. has been more responsible than the poster children of state irresponsibility Michael Gerson’s column is worth noting. http://www.washingtonpost.com/wp-dyn/content/article/2010/11/11/AR2010111106084.html?wpisrc=nl_pmopinions
Stimulus Spending
David and any other readers, Please watch this Youtube video; I know it is sensational and not nuanced but also know we can NOT continue on the path of borrow and spend. http://www.youtube.com/watch?v=OTSQozWP-rM&feature=related