Saturday, May 30, 2009

Quit whining and shrink government

Wondering what's behind all the noise about the supposed $996 million budget shortfall in Kentucky?

It's really not that complicated.

The General Assembly wants to spend $9.296 billion in the year beginning July 1. Economists estimate they will only have $8.3 billion. So Gov. Beshear says there is a $996 million shortfall.

The revised budget for the current fiscal year is $8.4299 billion. Will someone please explain to me why Gov. Beshear thinks he should be able to increase state government by ten percent in one year?

Rather than whining, now would be a great time to do that promised efficiency study, repeal Davis Bacon, and get a handle on school spending.


David said...

You are right about Davis-Bacon, or 'prevailing wage', but there is no courage in the GA to do the necessary political work to repeal it in KY. Too many are afraid of the mighty Laborites.

Hempy said...

There you go again touting your anti-capitalistic feudal-mercantilistic propaganda again.

Adam smith wrote:

Political economy, considered as a branch of the science of a statesman or legislator, proposes two distinct objects; first, to provide a plentiful revenue or subsistence for the people, or, more properly, to enable them to provide such a revenue or subsistence for themselves; and, secondly, to supply the state or commonwealth with a revenue sufficient for the public services. It proposes to enrich both the people and the sovereign. Wealth of Nations, Bk IV, Introduction.