Welcome to the Real World
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Senate Republicans want to cut business taxes in Michigan by $290 million. Predictably, the left opposes the notion while the right insists that it will fuel our decaying economy.
Summer Minnick, the vice president of the Michigan Municipal League, thinks this is a really bad idea. "It is like telling a family that they cannot buy groceries because they have food in their kitchen," she said. She went further by comparing the loss of this revenue to a slow starvation.
Well, Summer, this is how it works in the real world. Maybe you have never experienced serious debt. I have. My wife and I have endured seasons where we were forced to embrace the luxury of Ramen and hotdogs. If we already had food in the fridge then there was no reason for us to spend a single penny on more. Contentment, Summer, was not an option. It was a harsh reality.
This was a life for a family a couple thousand dollars in the hole. Michigan is looking at a $800 million budget deficit! If families like mine have to suck it up and brace ourselves for difficult times while bearing the burden of a couple thousand in the red, why would the state not do the same when looking down the barrel of $800 million?
Welcome to the real world, Summer.
Summer Minnick, the vice president of the Michigan Municipal League, thinks this is a really bad idea. "It is like telling a family that they cannot buy groceries because they have food in their kitchen," she said. She went further by comparing the loss of this revenue to a slow starvation.
Well, Summer, this is how it works in the real world. Maybe you have never experienced serious debt. I have. My wife and I have endured seasons where we were forced to embrace the luxury of Ramen and hotdogs. If we already had food in the fridge then there was no reason for us to spend a single penny on more. Contentment, Summer, was not an option. It was a harsh reality.
This was a life for a family a couple thousand dollars in the hole. Michigan is looking at a $800 million budget deficit! If families like mine have to suck it up and brace ourselves for difficult times while bearing the burden of a couple thousand in the red, why would the state not do the same when looking down the barrel of $800 million?
Welcome to the real world, Summer.
posted by Paleocrat at Wednesday, February 14, 2007
1 Comments:
When a family has problems they not only look to cut their losses, they also look to gain revenue. We have sucked it up and the tax and budget cuts have done nothing to create wealth in this state. Now that's reality. Its insane to keep doing the same thing and expect a different result.
3:54 PM
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