The dire warnings from California (and probably elsewhere) about the government services that will be cut if tax increases aren’t forthcoming reminds me of 1981, when I began working on Capitol Hill for Congressman Wylie. At that time, President Reagan was trying to push through budget cuts in programs like milk price supports. One of [...]
Posts Tagged ‘budgets’
The Elevator Operator At The Washington Monument
Posted in Politics, tagged Budget Deficit, budgets, Politics, Washington Monument elevator operator on June 5, 2009 | 1 Comment »
All Options On The Table?
Posted in Politics, The Economy, tagged budgets, California, economy on June 4, 2009 | 2 Comments »
I’ve probably bored everyone with my prior posts on California and its political/financial problems, but I find those problems, and the ways in which people are reacting to them, to be fascinating. I also agree with this article that the problems are just an indicator of the challenges that other governmental entities — local, state, [...]
Not So Golden
Posted in Politics, The Economy, tagged Budget Deficit, budgets, California, Politics on May 20, 2009 | Leave a Comment »
Not too long ago I was watching TV and saw an ad with Arnold Schwarzenegger and Maria Shriver sitting at some sun-dappled outdoor cafe, urging viewers to come to California because it was better there. That ad now seems like a kind of cruel joke. With the defeat of a number of ballot initiatives yesterday, [...]
Offered Without (Much) Comment
Posted in Politics, The Economy, tagged Budget Deficit, budgets, econ, economy, Politics on May 17, 2009 | 2 Comments »
This editorial notes that the latest estimate increases the budget deficit to $1.8 trillion, which is four times the size of the largest Bush-era deficit. The size of the deficit will significantly increase the amount of interest payments that will have to be included in the budget going forward, eventually to the point of nearly [...]
The Stimulus Hits Home
Posted in Politics, tagged budgets, New Albany, stimulus on May 11, 2009 | 2 Comments »
We’ve received word that the Village of New Albany has received $686,000 from the federal stimulus package for road projects. According to this article, part of the money will completely pay for one planned project that involves installation of a traffic signal; the other is available for another project that involves repaving several miles of [...]
