Tuesday, February 7, 2012
The Fundamental Stupidity Continues
SEE HERE Spend money like it's water and there's no limit. Spend beyond your revenue sources. Don't worry because somehow it will all work out. Leave it to the next legislature to deal with the problems you've created. This is the philosophy that is destroying us. We need not only a balanced budget amendment, but a requirement that all bills be fully funded from available assigned revenue and it that revenue dries up so does the spending. We're going down the tubes financially and since we go out of our way not to teach people economics, most people just assume things are all right. We're all going to be in for a shock when the tsunami hits. You can see it building but it is harder to see exactly where the tipping point is, but it seems a lot closer than it has seemed in the past.
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