OUR OPINION — Put state’s credit card back in wallet
February 1, 2011 at 6:05 pm in Grand Forks Herald
When you’re in a budget hole, stop digging.
Minnesota Gov. Mark Dayton should think about that age-old rule of state governance. Then he should call back and cut down on his $1 billion bonding proposal an action that would amount to his tossing up his shovel, climbing out of the crater and resolving to focus on filling rather than deepening Minnesota’s budget hole. Continue Reading&
Nice article Dennis. Fair, unbiased, and to the point. Compared to some past writings, this one was quite refreshing
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With the economy in poor shape, construction companies and material suppliers have excess capacity and building costs are down, plus interest rates are still at low levels. Why wait to the economy to improve, costs to increase and interest rates to rise before building things you need. Borrowing money to build needed infrastructure makes sense right now.
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