Tuesday, February 23, 2010

Budget Ideologies

Geroge Cunningham makes a lot of sense.

With few exceptions, the options proposed by the Legislature, pundits, business groups, think tanks, lobbyists and others to address the $3.5 billion annual budget deficit fall into one of two categories: (1) cut spending, resulting in service levels below taxpayers' expectations, or (2) increase revenue (taxes), resulting in funding-service levels that meet or exceed taxpayers' expectations.

Unfortunately, the options presented are more likely to be based upon the person's or entity's ideological notion of government's role in our society rather than upon sound economic and public-finance policies.

Be sure to read his lists of statistics about the budget. Arizona is a low-tax state. That is in large part why we are in our current crisis.

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