Wednesday, October 15, 2008
The Rainy Day Fund
The economy is raining, pouring and the whole state of Massachusetts is snoring. Instead of trying to solve our problems, the governor is going to cut, cut, cut. He could do that taking a nap. No thanks.
This is an obvious ploy to scare people into voting no on 1. If it weren't for the fact that these cuts will create wide-sweeping and irreversible damage to the state, I'd be all for the scare tactics. Yet, once a school's doors are closed, they're not opening again. So why force dozens of them to close now when there's another way?
We have rainy day funds for the bad economic times. That's what I've been told since I was a little kid. Well, it's raining. It's raining like it hasn't since 1929. We can't play games with the budget - these are human lives the governor is playing with - so it's time to start using liberally from the rainy day fund to get us by for the rest of this year. When projected revenue goes so far south just a 1/4 of the way into the fiscal year, that's when it's time to use rainy day funds to close the gap. Midyear cuts are horrible because so much of the money is already spent - the only place to cut is in jobs. Schools can't just buy less paper, because they've already purchased it months ago.
Let's be clear: if it's not okay to use rainy day funds this year, then it never will be. If we don't use these funds now, then there's no reason to have them to begin with. Use them or my vote will go to people who will lose them.