Tuesday, August 31, 2010

Fire the clowns on November 2nd

If deficit spending really acted as an economic ‘stimulus’, the MA economy would be booming. According to Moody’s Investors Service, Massachusetts has the second highest state debt per capital in the country – only Connecticut has a higher debt burden on its citizens. The financial hole dug by our politicians is a big one that will weigh on economic growth for years.




Now, the Legislators will point to municipal healthcare costs, and pension obligations, and say “there’s nothing we can do”. And yet, 48 other states, including California, seem to have figured out how to manage things without digging a huge fiscal hole. The problem in MA is two-fold: the elected Democrats do not understand economics, and those same Democrats believe tax dollars are there to buy votes for the next election. Every few years it is necessary to elect Republicans to clean up the spending mess. This is one of those year. Vote Republican on November 2nd.


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