Spending

“We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much”, Ronald Reagan

Sunday, April 24, 2011

Forever

Why is the Washington State budget like herpes?

Because some things last forever.

For example; unemployment benefits "were" meant to be a stop gap. To allow the unemployed time to find different work. The incentive was there was only a limited amount you could receive before it ran out. The state gives out "unlimited" benefits now so there is no incentive. I wonder how many people collecting it are from two income families? But it is free money and free only costs those who continue to work.

But there was some good news. They are actually trying to deal with rising contract COLA and pensions. Will it pass? Angry unions everywhere.

No comments:

Post a Comment