Way To Go Dumbasses (Pt. III)

By fitsnews • on December 2, 2007
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money toilet

THANKS FOR THE ECONOMIC DOWNTURN, S.C. LEGISLATURE …

FITSNews – December 2, 2007 – We’ve written on numerous occasions about the deficit-inducing spending orgy that our state’s short-sighted (and so-called Republican) lawmakers have engaged in over the past three years. We’ve also written about pessimistic economic forecasts at the national level that portend bad things for South Carolina’s economy. Now we read in the pages of La Socialista:

South Carolina’s economic health is threatened in the coming year as the old problem of declining manufacturing meets a new reality of stalling retail sales and a deteriorating construction market. And the woes of the housing market are spreading into finance, witnessed by Bank of America’s announcement in November that it will close a 105-employee mortgage bundling office in Florence in early January.

Over the past three years, state lawmakers could’ve pumped anywhere from $2-3 billion into our state’s economy. They could’ve shored up our families’ and small businesses’ bottom lines and made us more competitive as a state – not just in creating new jobs, but in keeping the ones we’ve got. They could have done all that, but didn’t.

With the exception of a few social welfare programs and a populist “tax shift” that isn’t going to create or protect one single job, our General Ass-embly spent every last red cent of the money we entrusted them with, including $1.5 billion in last year’s budget alone.

Comments

By ron turner on December 2nd, 2007 at 9:32 pm

Our frugal governor has warned this Legislature for a number of years that our state taxpayers cannot sustain their runaway spending. As you know, the forecasts are for an economic dowturn which in my opinion, we’re already entering. I’d just as soon see these liberal Republicans in Columbia go back to the Democratic Party where they came from. Sen McConnel and Rep Harrell should immediately demand that the House and Senate address “substantive ethics reform” unless maybe they’re part of the problem. I appreciate your efforts and folks like Chad Waldorf of Charleston for publicly taking a stand agaist government corruption in SC and trying to rid our great Palmetto State of those elected officials “feeding at the public trough!”
Ron Turner
Summerville, SC

By Robert on December 3rd, 2007 at 12:35 pm

The honorable Hugh Leatherman wields plenty of power over the budget and he consistantly spends like he did as a Democrat. People can change party’s but they dont change their stripes.

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