Tuesday, May 23, 2006

Krumm Right on Spending

Tennessee state senatorial candidate Bob Krumm rightly excoriates Governor Phil Bredeson and the complicit General Assembly for acting quickly to spend the $266 million surplus in state revenues this year on various goodies. Spending the excess during good economic years predictably results in the creation of spending programs that cannot be sustained when the business cycle turns downward. Then, politicians will decry the lack of state funding and a tax structure that doesn't keep up with a changing economy.

Here's to hoping that men and women with the foresight of Krumm will be elected to the General Assembly and then not forget their principles when they get there.


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