OUR VIEW: Take a moment to savor the state’s surplus
July 17, 2012 at 3:49 pm in The Daily Republic
Gov. Dennis Daugaard and his administration deserve a pat on the back today. Continue Reading
OUR VIEW: Take a moment to savor the state’s surplus
7 Comments
Someone please explain what they did to get the pat on the back.
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I believe the pat on the back is for taking a projected 127 million dollar deficeit and making some tough choices to give us the now realized 48 million dollar surplus. Thus the well deserved pat on the back. Maybe you should read the article again, it is right at the top.
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I did read it. It was a projected deficit from 2 yrs ago, how much was it actually? If I remember correctly Rounds wanted to use the reserves to bridge the gap. If that’s not what reserves are for, I guess I have no idea what they would be for. How many jobs were lost with the cuts. Will they get them back? It seems to me educators were pretty upset with them. Will the cuts to education be restored? I am really asking because I don’t know the answers.
This isn’t a Republican/Democrat discussion because of the make up of the legislature but I just hesitate to congratulate someone when they left a pool of blood which may/may not have been necessary.
I’m asking.
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Come on Don, you have to admit that Rounds has done what he has been hired to do as the states chief executive. He is managing his resources and protecting those jobs held by the rest of our states workers. It is far better to get payed less than to have to fire people and take away the good work they do. What would you do? Go the route of California, New York, the USA. That is not working out so well for us. I for one am grateful he has a good enough understanding of economics to make the hard choices and keep our state in the black. I don’t want to be like Greece, Spain and other countries that keep raising taxes, become dependent on those taxes and have to make drastic cuts that devastate a local economy.
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If a business has less money coming in that going out, you have to balance your budget by offsetting the losses with cuts in expenses. Labor is generally the biggest expense of any business. Furthermore, it is one of the only one that you as an owner have much control over. For example, rent or a mortgage is a fairly fixed expense, as is power etc. I don’t understand why when government has less revenue, everyone freaks out when jobs are lost. Clearly, the federal government doesn’t understand this and thus we have deficiet spending to the tune of 14 trillion bucks. Lastly, I don’t believe hiring more teachers, firemen, policemen, street cleaners etc helps the economy. Any more teachers to teach our kids than we NEED is a waste, any more police than can keep us reasonably safe is a waste, fire, clean streets etc is a waste. You wouldn’t hire 2 babysitters for your kid would you? Hiring more government employees may decrease the unemployment numbers, but, if the job doesnt help the economy, it is more expensive than leaving them unemployed. Now, take the unemplyed being asked to give something back to society through public service as was done through the CCC or WPA would @ least give us a cleaner country, fewer weeds, help clean up blighted areas etc. So, recap, government jobs that don’t serve a purpose, adds to the debt. Taxing the people that hire and grow our economy will lead to more unemployment. Solution, vote for anybody but the current administration because he has absolutely no idea what he is doing. He has no understanding of basic economics and has proven that he is unable to move this great country in the right direction. Is Romney the best choice, not my first pick, but he is the only alternative at this point and he at least deserves the same chance Obama has been given.
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READ STEVE SIBSON’S LETTER
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Because of a lack of response and the addition of Mr. Sibson’s info to the discussion, even though I have more dislikes….I claim a win in the debate.
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