Re: Measure 48 could give Oregon the nation's fastest economic growth

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Article #1847

#1847

From: lein
Date: Wed, 23 Aug 2006 20:37

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Paul J. Berg wrote:
> What if Oregon could enjoy the fastest economic growth rate of any state
> over the next five years? What if, over the next two years, Oregon could
> build a rainy day fund in excess of $2 billion to help cushion
> inevitable economic downturns?

A rainy day fund isn't necessarily a good thing.  It would allow a
government that becomes bloated and unresponsive to maintain status quo
and avoid necessarily reorganizations.

Also, a pot of $2 billion just sitting there will soon become a pot of
$2billion worth of IOUs.  Afterall, politicians were elected to solve
problems they invented, they will need that money to solve their make
believe problems, and of course they will want ot live up to their
promise to provide all things to all people without raising their taxes.

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From: "lein" <boomer_the_cat@my-deja.com>
Newsgroups: pdx.general,or.politics,alt.politics,co.politics
Subject: Re: Measure 48 could give Oregon the nation's fastest economic growth
Date: 23 Aug 2006 13:37:43 -0700
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