Friday 1 July 2016

John Hood's "cheerleading" glosses over uncounted suffering

Lost somewhere between fluff and nonsense:

The General Assembly’s latest contribution to that effort, a 2016-17 state budget, will continue to make North Carolina a national leader in conservative reform. It cuts taxes for virtually all households, saves nearly half a billion dollars more in the state’s rainy-day fund, and offsets new spending on high priorities such as teacher pay and law enforcement with cuts and economies elsewhere in the budget. It also advances core conservative ideas such as school choice, innovation, competition, and pay for performance.

Bolding mine. The only thing true Libertarians hate more than tax-and-spend is to dedicate taxpayer dollars to build up huge (government-controlled) reserves. That's a half-billion dollars that should have remained in the pockets of those individuals John Hood says are the best ones to decide its use. That "rainy-day fund" also exposes one of the GOP's biggest weaknesses, the ability to estimate/predict costs on an annual basis. Every year since they've taken over, huge budget inconsistencies have emerged, with massive shortages and magical surpluses appearing and disappearing. The sheer incompetence boggles the mind. If that happened in the private sector, the entire accounting department would be fired, and there'd likely be some embezzling indictments to follow that. Back to the huge mound of BS:


http://ift.tt/29bkhRK

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