Easley on Economics
Mike Easley is the governor of North Carolina. He's not real trustworthy. He has no problem "stretching the truth." He stood by admitted felon Jim Black and absolutely refused to condemn Black. Easley loves power and will do or say anything to retain power and to help Democrats retain power.
Now he's gone and shown his knowledge of economics. Last year, he proclaimed that if the lottery were passed, all the problems of education would be solved in North Carolina. He went on and on about how many hundreds of millions of dollars would go into school construction and how everything would be wonderful if the lottery were passed. The lottery did pass (under VERY suspicious circumstances: one legislator who would have voted against it was suddenly in the hospital. Another who would have voted against it was suddenly on vacation. The lottery passed by 1 vote). It's a year later. Let's see what they're saying now. The lottery "generates" a certain amount of money. That was supposed to be the end of needs for schools. However, the lottery didn't generate as much money as Easley had hoped. So what's his solution? Spend more of the money the lottery isn't generating. Seriously. Easley says that since the lottery isn't generating enough money. Therefore, one year after the income stream to end all income streams, Easley wants a billion dollar bond to, wait for it... pay for school construction. Oh, and since the lottery isn't generating enough cash, he wants to increase the payouts of the lottery. Apparently, if the lottery is only generating $400 million, by giving more of that money to lottery winners, the money will magically increase. Oh, and he wants to spend more of that money on schools. Yes, this is the logic of the Democrats and economics -- by giving away MORE money that was taken from taxpayers (remember, the government ONLY has money when they take it from people), then they will somehow have even MORE money to spend! It absolutely baffles the mind. But not, apparently, the mind of the North Carolina Democrat.
Comments
1
Great job Ogre, I always appreciate your take on the Democrats and their economic 'policies'.
I suppose if Reagan's economic policies are called 'Reaganomics', maybe we should call the Democrats' policies 'Demonomics'. Seems to fit....
I suppose if Reagan's economic policies are called 'Reaganomics', maybe we should call the Democrats' policies 'Demonomics'. Seems to fit....
Posted by: Brian at March 09, 2007 06:27 PM (cN0XN)
2
Well, since they're really "Dumb-o-crats..."
Posted by: Ogre at March 09, 2007 06:57 PM (oifEm)
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