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Budget Cutting is “Goofy” and “Discredited”

John Powers 24 May 2010 No Comment

From the Capital Fax

* Meanwhile, the Chicago Tribune editorial board trotted out its goofy, discredited budget plan again today

Three months ago, on Feb. 28, we offered an option that’s still available: at least $6.4 billion in recurring savings that would in time nix the deficit:

Then they go on to rehash their horrifically vague and no-can-do “plan.” As I’ve pointed out before, a $6.4 billion cut does not equal $13 billion, no matter how long that cut (which is mostly imaginary anyway) stays in place. It cuts $6.4 billion (which it doesn’t, but just saying) and not $13 billion. Pretty simple mathematics. No wonder that company went bankrupt.

Goofy as opposed to such critical invstemetns as, say, the DuPage Children’s Museum

Infrastructure improvements and bond payment including all prior incurred costs

$600,000

More capital spending here (large file)

**

John Powers is the President of the Chicago Daily Observer

image, the Dupage Children’s museum, one of the top birthday party locations in Dupage County.

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