Sunday, March 22, 2009

Gift Horse or Trojan Horse?

South Carolina Gov. Mark Sanford explains why he is saying "No Thanks" to some of the so-called stimulus cash from Washington.

Money Q:
If we're going to spend money we don't have at the federal level, it becomes all the more important that our state balance sheet is in good order -- particularly if this is a protracted downturn. But many people do not realize that the stimulus money runs out in 24 months -- at which point South Carolina will be forced to find a new source of funding to sustain the new level of spending, or to make sharp cuts. Sure, I could kick the can down the road; in two years, I'll be safely out of office. But it would be irresponsible.

2 Comments:

Anonymous z said...

I wonder if Rendell will take this approach.... Hah!

I also wonder how spending millions of dollars on special education in our school districts is considered "stimulus". I'm all for funding education, but how did this get into the stimulus package to help the ailing economy?

March 23, 2009 at 5:38 AM 
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