by INFORUM
Dayton’s $1 billion bill gets cool reception
December 26, 2010 at 6:00 pm in INFORUM
GOP frowns on idea but says door open
ST. PAUL Gov.-elect Mark Dayton wants the state to borrow $1 billion for public works construction projects around the state.
He should not get his heart set on it. Continue Reading
They should have a bonding bill to pay off the $6.2 billion deficit, that way they will be paying their own people interest instead of a private lending institution.
Balance the budget before committing to more expense. Even if it means raising taxes. Obviously priorities are wrong when they are discussing building sports arenas while the education standard is plummeting.
PS, why move Mayo to the Mall of America?? Why not put it in a smaller community in central Minnesota where it will benefit local economies instead of huge rent payoff to mall owners. This could be done in tandem with the Vets homes. People who will be using the facility.
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Re; the Mayo – you mean, it’s not all about the metro??? Well, isn’t that a novel concept!
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This man should be in an institution, and not the Governor of MN. This is why I moved to North Dakota 13 years ago, and don’t regret it for one minute.
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Wow…where do I begin. Yes, borrow another billion so that you can be 7.2 billion in debt, yeah. that makes sense. And where does it go? To the union jobs that contributed heavily to Dayton’s campaign. I would feel sorry for you people but you wanted this, enjoy.
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One must remember that Mr. Governor Pawlenty wished to borrow the money to keep the Minnesota government running, not just for building projects. Then seems very much less than rational. At least bonding projects provide something intended to last and provide needed jobs. However, whenever the money is borrowed, the total cost should include the interest and most politicians prefer you ignore that. It is better to pay as you go, especially in Minnesota at this time. But it is not just the current governor that must learn this. The Republicans, they need to understand you don’t borrow for day to day expenses either.
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Amen… what ever happened to the concept of Fiscal Conservatism… pay as you go and don’t get into debt.
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