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

Tuesday, May 24, 2011

Green is the New Red.

Question for the voter? Would you vote to raise your own taxes so that we could build more green schools. The numbers are coming in and it looks like we are spending $10 to save $1 in energy. Is that smart? Would you spend your own money to install a new water heater that takes 30 years to pay back? Oh, the life span of a new water heater these days is maybe 20 years. Of course you would do it someone else's money.
The good news is that the local school bond failed. But instead of tightening their belts and trimming costs, they are trying to figure out how to "reword" the bond so it can pass next time. Oh and you can bet it will be more money next time because we didn't pass it when it was cheaper.
I guess it's good thing they don't have the power of the King County Council to declare an emergency and raise property taxes without our consent.

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