Weapons of Mass Discussion - TROLLS wll NOT be tolerated. Period.
Matt:
Comparatively speaking, I manage a $27M appropriations budget in my little neck of the woods. 3% of that is over $800k. I'm sure Butler County is way higher than that.
In addition, any commissioner who automatically assumes a 3% increase in retail sales annually is making a grave error on something that can be very volitile. Then again, commissioners aren't as anal-retentive as auditors when it comes to money matters.
That last bit was, really, my point... 
I have been screaming for years about how important it is to plan for the down times while the revenue flows like milk and honey. I think it is time for seriour re-evaluation in the way government does business, surely there most be some cost cutting, efficient ways to manage money better. I know in my world, we have to make more money than we spend, otherwise, we would have to shut down our business. Doesn't take a gifted rocket scientist to figure that out, perhas a gifted economics person?
I don't think it takes an economist to figure out that in order to stay afloat, you need to bidget to spend less than you are bringing in...how many heads of households do exactly that every day? It really isn't that difficult...the problem is that politicians today have no idea how to say the word 'no' these days and they try to be all things for all people. It just doesn't work that way.
No, you see, they can just cut taxes, and have more revenue. It's easy.
That's a great idea, surfer...except for the fact that Butler County has some of the lowest tax rates in the state...I'm not certain that would actually work in this instance...but I'm certainly not afraid to try it though.
Wait, I got it surfer...let's do what democrats do...raise taxes, confiscate more wealth, and when businesses go elsewhere because of better conditions, let's blame the businesses for wanting to stay competitive.....
Well, Matt, thanks for conceding that the Laffer curve has a limit to its range of effectiveness.
And Mark--here's a better idea--Why don't we just cut taxes, raise spending, and borrow from the Chinese like Bush has? Sure, it's terrible for the economy, but we won't feel the major impact until Bush is gone...
Well, surfer, I have said that before... I'm pretty sure we get around to talking about whether or not we think we're at the point of no return with tax cuts everytime this subject comes up...and I am pretty sure that my line goes a little something like this: "While there is a point of no return -- where tax cuts stop providing increased revenue -- I don't think we've reached that point yet."
This is a discussion that we have fairly regularly on the radio show with Tom Blumer of BizzyBlog...
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