#51
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Re: Wesley Clark Gaining Popularity with the Left?
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Largest budget surplus in history and it's being followed by spending rather than tax cutting? More fuel to the fire. [/ QUOTE ] That's what I thought when I read his post as well. It looks lik once again Dynasty was right. |
#52
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Re: Wesley Clark Gaining Popularity with the Left?
You can't count on the economy growing 16% a year continually. In Warner's projected budget he had the economy growing at 9%... that's pretty damn robust if you ask me, and the numbers still didn't work out.
Republican Governors Allen and Gilmore were planning on the 1990s boom continuing forever when they implemented no parole and no car tax promises. The car tax is a $1 BILLION spending item I will remind you, in a state budget of $12 billion. Warner wanted to fulfill Gilmore's promise and finish off the car tax entirely. However, the legislature didn't go along with the proposal. The House passed it but the Senate killed it because they see it as a growing monster that's consuming the state budget. I forgot to add that CONSTITUTIONALLY 75% of any surplus goes into the Rainy Day Fund, and the rest is being spent on TRANSPORTATION. This happens to be the biggest need in the Commonwealth. Anybody who says it's being spent on new social programs has no idea what they're talking about. |
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