Thursday, December 4, 2008

Fiscal responsibility heard round the world

Redding, California's city council voted Tuesday night to scale back its own taxpayer-provided health insurance benefits.

Now there's a money-saving idea for Kentucky!

Surely we have reached the point at which we can stop talking about belt-tightening while throwing it on the public's credit card. If we are really going to respond to fiscal difficulties, let's do it without mortgaging our future.

3 comments:

Jack McHugh said...

Good work alerting readers to these items.

Solution to impossible government pension promises: "Haircuts."

Hempy said...

It depends on what you mean by "scale back." Scale back from what to what?

The tax system needs to be reformed to be based on proportionality. Rates should be proportional. That's the numerical foundation for justice and fairness.

Without these fundamental American values your rants are nothing more than finding someone to blame then take it out on that group or individual.

If you watched Sen. Bob Corker (R-TN) at the auto industry hearings, he was blaming the UAW and their benefits for the auto industry's predicaments.

While he was praising Toyota, he neglected to mention that while US auto makers' sales are down 35%, Toyota and Honda's sales are down 33%.

Conservative philosophy is a dead end, and has no solution for the economic mess it's gotten us into. It's a slash and burn mentality as was your "scale back" call.

David Adams said...

You are missing an important point from your own statistics, Hempy. Lower sales at Honda and Toyota haven't threatened their very existence. That should tell you something.