Madmallard
.223 Rem
Good read!!
If spending other people’s money were a golf tournament, New York lawmakers would again be wearing the green jacket. And that includes Republicans as well as Democrats.
Alas, throwing around record amounts of cash without regard for our ability to pay or the return on our investment ensures we all lose. Will this horror show never end?
Albany’s passage of a record-setting $153 billion budget in the dark of night was, for both parties, an exercise in politics as usual and despicable priorities. It was hard to miss the pungent smell of a dumpster fire.
Fact is, the once-again out-of-control spending will only serve as a way for Gov. Cuomo to signal his progressive values to Democratic primary voters nationwide, as he prepares for his likely presidential bid.
Yet Republicans, who run the state Senate, backed the plan with little more than a peep of protest. They’ll have to explain to their voters what the point was of electing them.
Just how out of whack is New York spending? For context, consider Florida, which is now larger in population than New York but runs on a $82.5 billion annual budget.
That’s only a bit over half of the $153 billion budget New York legislators passed this month. Florida also doesn’t off-load its Medicaid bills to counties. And it funds its operations without an income tax.
Every New York lawmaker who failed to insist on reforms to lower New York’s massive costs is, in effect, embracing the idea that we must pay $70 billion more to a government mired in indictments, corporate payoffs, shadowy slush funds — and public employees who can make as much as 40 percent more than private-sector workers.
Democratic Senate Minority Leader Andrea Stewart-Cousins’ thinking typifies lawmakers in Albany, Democrats and Republicans alike: “Progress,” she says, “is providing more school aid.”
What lawmakers don’t get is that throwing more money at something without assessing its value — i.e., its costs and benefits — is fiscal insanity.
http://nypost.com/2017/04/18/in-albany-no-one-is-stepping-on-the-tax-and-spend-brakes/
If spending other people’s money were a golf tournament, New York lawmakers would again be wearing the green jacket. And that includes Republicans as well as Democrats.
Alas, throwing around record amounts of cash without regard for our ability to pay or the return on our investment ensures we all lose. Will this horror show never end?
Albany’s passage of a record-setting $153 billion budget in the dark of night was, for both parties, an exercise in politics as usual and despicable priorities. It was hard to miss the pungent smell of a dumpster fire.
Fact is, the once-again out-of-control spending will only serve as a way for Gov. Cuomo to signal his progressive values to Democratic primary voters nationwide, as he prepares for his likely presidential bid.
Yet Republicans, who run the state Senate, backed the plan with little more than a peep of protest. They’ll have to explain to their voters what the point was of electing them.
Just how out of whack is New York spending? For context, consider Florida, which is now larger in population than New York but runs on a $82.5 billion annual budget.
That’s only a bit over half of the $153 billion budget New York legislators passed this month. Florida also doesn’t off-load its Medicaid bills to counties. And it funds its operations without an income tax.
Every New York lawmaker who failed to insist on reforms to lower New York’s massive costs is, in effect, embracing the idea that we must pay $70 billion more to a government mired in indictments, corporate payoffs, shadowy slush funds — and public employees who can make as much as 40 percent more than private-sector workers.
Democratic Senate Minority Leader Andrea Stewart-Cousins’ thinking typifies lawmakers in Albany, Democrats and Republicans alike: “Progress,” she says, “is providing more school aid.”
What lawmakers don’t get is that throwing more money at something without assessing its value — i.e., its costs and benefits — is fiscal insanity.
http://nypost.com/2017/04/18/in-albany-no-one-is-stepping-on-the-tax-and-spend-brakes/
