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Robert Runyon

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Monday, October 6, 2008

PA Economic Wealth - Creation -vs- Consumption

It is beginning to sink in to the people on main street USA that we are facing a very serious financial economic meltdown that is going to affect us all. If the month of September is any indicator of things to come with the loss of 170,000 jobs We the People of Pennsylvania need to begin to seriously look at the balance sheet between economic wealth producers and economic wealth consumers.

 

          Six years ago The Patriot’s Voice was started because we saw on the horizon, indicators of the approaching calamity we are now facing. We attacked the spending practices of the second largest consumer of public economic wealth in Pennsylvania, public education! We tried to inform the public of the needless and often senseless use of the public wealth, often in very heated debate, often lacking in civil demeanor by either party. Because we were and are on a ticking clock that is in the countdown mode for implosion, there wasn’t time for niceties then and now that the fuse has been lit, there is not time for niceties now. If I happen to come across as being a little angry , trust that perception, I am!

 

            Over the last 36 years Public Education has become a perpetual self-serving monster. Through its attached mouthpieces, the PSEA, PSBA, PIAA, PA Assoc. of School Administrators, and a whole host of other wealth consuming entities that keep figuring ways to fleece the producers of wealth, have actually managed to render the owners and providers of public education, the general public, into mere stakeholders. There will be more on this issue coming in future letters.

 

          As the downward pressure on banks and credit cranks up in earnest and school districts look at the balance sheets and find their consumption outstrips production of wealth and the blinders are forced from the educated fools eyes, who listened to nothing we were telling them of how they were hurting real people, will be forced into making some very drastic decisions on the use of consumable wealth.

 

          So, I’m wondering, who will be the first sacrificial lamb on the economic altar, Teachers or Sports? Raising taxes won’t be an option, it would only serve to deepen and lengthen the economic disaster. Can’t count on gambling revenue either, their report is they are losing revenue, and blaming it at the moment on the smoking law. Reality will prove differently soon. Pennsylvania will have some major choices to make in the very near future. We can copy California and go to the feds with our hats in hand and ask for a 7 Billion Dollar bail out to meet teacher salaries or we can all get on the support wagon and go forward with eliminating property taxes, reducing the size of government and saying no to new spending thus infusing our economy with several billion dollars.

 

          There is a bill setting in Harrisburg, HB1275, School Property Tax Elimination Act, which needs attention now. Let us all work together and get it done. Either way, “It ain’t going to be business as usual anymore!”

6 oct 08 @ 5:40 pm          Comments


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