« Proposition 1B | Main | Time is the fire in which we burn »
October 29, 2006
Proposition 1C
The “Prop 1” series are almost all bond issues. It is in my interest to make a principled stand against Bonds* that don’t go towards infrastructural improvements to the State. 1C is a Bond, and so gets a “No” vote from me...
This is a tough one, however. I really want to give money for all the things they’re gonna give money to. Ultimately, it comes down to this: I don’t see that the State ought to be spending US$2.8billion right away, and I don’t see that the need is so urgent that we ought to be spending US$6billion over 30 years to get that money right way. So no on 1C. Raise the taxes, spend US$204million that would have been spent on repayment on the program instead. We’ll be better off in the long run...
*Yeah, I made a fiscal pun. Sue me.
Posted by Andrew at October 29, 2006 01:07 PM