It's happy hour in Des Moines
Posted: Thursday, May 10, 2007
ORANGE CITY, Iowa -- Was it just my imagination or did we really hear then-candidate Chester Culver and the other Democrats run as promising to be fiscally conservative during the last election.
The recently passed budget disaster for the state of Iowa is a sorry example of politicians on a drunken spending binge. The Iowa Democratic-controlled Legislature is increasing spending for the next fiscal year in excess of 400 percent of the rate of inflation from 2006 and has already built in spending increases for the following year in excess of 400 percent of expected inflation once again. This is the largest spending increase ever in the history of our state. The 10-year costs of just the increase in their proposed increased spending in one year are in excess of seven billion dollars adjusted for normal rates of growth.
Since 1995 state spending has increased by approximately $1.4 billion and we will see a two-year increase in spending exceeding all of the previous nine years of increases. Can there possibly be a single person in Iowa that believes the fiscal responsibility pledge scam? Increased spending correlates to increased taxation and this obviously very strong economy with record revenues of the past several years (thank you, Bush tax cuts) will not always continue. Any slowdown in economic activity will allow the Democrats to increase taxation dramatically since the budget will clearly be running large deficits in the future.
Many conservatives were unhappy the past several years, accusing Republicans of spending like drunken sailors. Welcome to the new bartender in town where every hour is happy hour. -- Mark Lundberg
The recently passed budget disaster for the state of Iowa is a sorry example of politicians on a drunken spending binge. The Iowa Democratic-controlled Legislature is increasing spending for the next fiscal year in excess of 400 percent of the rate of inflation from 2006 and has already built in spending increases for the following year in excess of 400 percent of expected inflation once again. This is the largest spending increase ever in the history of our state. The 10-year costs of just the increase in their proposed increased spending in one year are in excess of seven billion dollars adjusted for normal rates of growth.
Since 1995 state spending has increased by approximately $1.4 billion and we will see a two-year increase in spending exceeding all of the previous nine years of increases. Can there possibly be a single person in Iowa that believes the fiscal responsibility pledge scam? Increased spending correlates to increased taxation and this obviously very strong economy with record revenues of the past several years (thank you, Bush tax cuts) will not always continue. Any slowdown in economic activity will allow the Democrats to increase taxation dramatically since the budget will clearly be running large deficits in the future.
Many conservatives were unhappy the past several years, accusing Republicans of spending like drunken sailors. Welcome to the new bartender in town where every hour is happy hour. -- Mark Lundberg
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Moderate Observer wrote on May 14, 2007 11:40 AM:
Ted wrote on May 14, 2007 10:42 AM:
M wrote on May 11, 2007 6:13 PM:
mpl wrote on May 11, 2007 6:07 PM:
SC wrote on May 11, 2007 3:47 PM: