It’s an article of faith with Tea Partiers that they don’t want to pay for services and equipment, apparently believing that all services and needs come from fairy dust not taxes and fees. When they run for local offices they display a disregard for simple public finances. In 2012, the West Chicago Tea Party members seized control of a public library as board members. They immediately stood out for their glaring ignorance of library operations and their failure to grasp the most basic fundamentals of public finance. That group nearly ran a public library into the ground. It took 2 elections to vote them out and restore sanity to the library.
The same is true of a McLean County woman who is running for local office. She constantly compares apples to oranges, cherry picks facts and has a glaring disregard for public finance. She doesn’t understand the difference between Capital funds and operating funds. You can not fund police cars and fire trucks from operating funds, they must be financed through capital funds. In her post she completely misreads a capital fund statement for the Fire Department rescue pump. http://blnnewsdotcom.files.wordpress.com/2016/02/pumper.png Through the lease of the rescue pumper the city would be SAVING money of some $16, 200 at lower interest rates. Instead of lauding this move, this office seeker insinuates that there is something nefarious and dishonest. The fact is it is she who can’t read a simple statement that when using capital funds which is exactly what those fund are for, the city is actually saving money. I wonder where exactly she thinks revenue is going to be generated with no taxes or fees. One also has to wonder what exactly are her solutions to anything other than to close Coliseum and have another empty building. If I was the mayor or the city manager of Bloomington, I be suing her for libel.
Many Tea Partiers like to get their feet wet in local elections hoping to go on to bigger and better public office. The problem is that they are polarizing and intransigent making working in Congress or any other public office impossible.
This disconnect between reality and ideology can be seen in the budget that Obama sent to Congress. This budget includes a higher deficits, in part because of myriad tax cuts that Mr. Obama and Congress agreed in December to make permanent. That would make this year’s shortfall equal to 3.3 percent of the economy’s output, or gross domestic product, up from 2.5 percent. That exceeds the 3 percent threshold that economists consider sustainable for a growing economy. The only verifiably stupid spending in the budget is on defense, which generates the lowest rate of return on investment. You want to cut spending? Cut it there. And raise taxes on the rich, as their spending also does less for overall economic activity because much of it is on luxury goods, which produce less economic benefit. I doubt the Tea Party which has a hold on Republicans in Congress have any wisdom to do the right thing for our country or our economy. The gospel of trickle down and starve the beast has been shown to be a failure in the economic collapse of 2008.