Full Coffers = Empty Pockets
The reports flying in these days about the massive surplus and huge amounts of money that the state of North Carolina has collected. You will read about "extra money," "the revenue surplus," and "overflowing bank accounts."
Folks, the State of North Carolina prints zero dollars. The State of North Carolina earns zero dollars. The ONLY way the state gets ANY money is by taking it from people who DO work. There is simply no other way for the state to get money! This "new" $2 billion is not "found money." This is $2 billion that has been taken OUT of the state's economy. This is $2 billion that people worked for and earned in North Carolina that will not be spent on food, housing, medical care, or other personal items. This is $2 billion that has been taken away from those who work to be given away to those who do not. Remember when you read these reports. Remember when you read about the legislature spending $2 billion MORE than they had budgeted for -- they took that money. And just because it was a surplus, don't look for them to give it back. Instead, that will increase state spending. The budget was $17.3 billion this past year. Since they "found" $2 billion, the budget will now be $19.3 billion. That's an ELEVEN and a half percent increase in government spending. That's a MONSTROUS increase -- and when the economy isn't doing so well, don't worry, the Democrat-led legislature will raise taxes -- because the budget will never again be under $19.3 billion as long as the current group stays in charge of the state.
Comments
1
Maybe they're spending it to allow a crazy DA to send the cops out to harass the witnesses in the Duke 'maybe' maybe not rape case. Reminds me of the crazy Fl. DA that spent hundreds of thousands of the taxpayer's dollars in his personal quest to fry Limbaugh. H failed. They could transfer part of it to DC so the DA there can go after a real criminal by the name of Kennedy.
Posted by: Scrapiron at May 12, 2006 01:55 AM (Ffvoi)
2
The Duke thing was all about getting elected. That DA won his election, so you notice the news has all but stopped about the Duke druggie-accuser case...
Posted by: Ogre at May 12, 2006 11:20 AM (/k+l4)
3
Great work!
My homepage | Please visit
My homepage | Please visit
Posted by: Judy at July 15, 2006 03:02 PM (EFBVJ)
Processing 0.01, elapsed 0.0089 seconds.
18 queries taking 0.0075 seconds, 11 records returned.
Page size 5 kb.
Powered by Minx 0.8 beta.