The Lynch Budget Lie

 

A balanced budget is a technical term for making the numbers add up.  The amount you say you have to spend simply matches what you claim to have spent.  So if you borrowed some millions that you would later have to pay back, and you found a few hundred million more on the sidewalk (maybe in Washington DC), if it added up far enough to cover how much you spent, you could claim to have a balanced budget.

The difference is that being at zero, and owing tens of millions you never had is not balanced.  Add to that the reality that you now have a larger bill to pay every year but can't expect to just find a few hundred million laying around every year, and you have what is called a structural deficit.  Your political lifestyle vastly exceeds your expected revenue.  Call it a state wide mortgage that exceeds our ability to pay it by hundreds of millions annually.

This is called incompetent.  It is also the Lynch budget.  And even though an account or two may have pulled in more revenue than expected, there is still a massive debt due in the next budget, created by democrats, and signed off on by John Lynch, with no money to pay for it..

Why else proceed in contradiction to the supreme court, on the politically poisonous path of robbing $110 million in private property unless you really need that 110 million to start stuffing the sink hole of a massive structural deficit.  And even if you get this one time money, where's the line of suckers you plan to screw after you are done with them? 

If we had a real surplus they wouldn't need to rob the JUA fund.  They would drop the idea of selling off 60 million in state land.  In fact, they'd stop all the hand-wringing about the budget.  They have not.  The deficit is real.  And the democrats are to blame, and John Lynch and it is one more reason why John Lynch has been the governor for too long.

Cross Posted 

I Say Go Ahead....Run On That

Democrats are trying to frighten people by insisting that we can't go back to how things were when Republicans were running things.  And I can see their point.  They will certainly need to do better. But how wise is it to frighten people with the risk of 5% unemployment and budget deficits under 500 Billion when you are presently the stewards of 10% unemployment and trillion dollar deficits as far as the eye can see--debt so enlarged by democrat spending that you are now trying to argue that increasing taxes is the only responsible solution?

All I can say is go ahead and run on that.

Get it Off Me Man!

There is ample evidence that Paul Hodes toes the line, is a Kool Aid drinker, and a reliable party hack.  Each effort to sell himself as having fiscal integrity or ethics is met with an abundance of contradictory evidence.   So to suggest that he is an independent thinker lacks veracity unless you mean independent from reality.  To further demonstrate this break Hodes spokesman Bergman (not Ingrid but Mark) defended his paymaster from a recent attack on his record.

Hodes spokesman Mark Bergman said Hodes voted for the stimulus to boost the economy and save jobs. Bergman disputed the ad’s claim that the government took over health care.

“We don’t believe it’s a trillion- dollar takeover,” Bergman said yesterday. “We’re arguing that this is an outside group that has helped Kelly Ayotte’s campaign. She’s getting another Washington establishment bailout.”

Bergman said Hodes voted for federal cap-and-trade legislation because he believes it will reduce the country’s dependence on foreign oil and lead to alternative energy jobs in New Hampshire. 

Mr. Hodes doesn't even know what is in these bills so what they "believe" is irrelevant. And that's actually the point.

Hodes is on the record spending trillions of our dollars.  He has insisted repeatedly that almost every spending bill creates jobs, or will create jobs.  Yet almost two years along and the job picture is stagnant and getting worse.  Mr. Hodes can believe anything he wants but Keynes was wrong and we are living with the error of his ways.  No amount of spending by him or anyone else in government can extract us from the current circumstances and if he read something other than the donkey flash cards the party gives him he might know this.

As for cap and trade, Bergman's response is absurd.  The bill was never designed to reduce dependence on foreign oil or improve the environment and if Hodes (or even Bergman) had taken the time to read it they would know that.  It is a giant energy tax designed to extract trillions out of the economy and the pockets of regular Americans and redistribute it to the privileged players with inside connections.  Big Washington and Big Energy are the winners, America and the environment are losers. So while Hodes might be able to play dumb--sorry we know he can do that, ignorance is no excuse for making law.   Cap and trade would kill jobs, raise costs, lower the standard of living, reduce GDP, and at best reduce the global temperature by 0.05 degrees over 40 years.  Even if it was still a desirable end, doing it in the middle of "the biggest recession in history" is arrogant, ignorant, and unconscionable.

But it is formula. It is no different than the expensive jobs bill that doesn't create jobs, or the economic recovery package that doesn't lead to recovery.  It is adding 30 billion in debt every few months for unemployment welfare to fend off a revolt of Hodes modern middle aged Dickensian orphans.  The issue isn't the issue, it's about perception not results.

So Hodes biggest problem is that he is a liberal hack.  He thinks three things that are wrong and dangerous.  He believes government can solve everything through regulation and control and that freedom and liberty are suitable sacrifices to achieve any desired end.  He is certain that failure is merely the result of failing to apply enough of your hard earned dollars (which he will happily tax out of you) or a lack of suitable federal oversight to any program or policy he himself can't even be bother to understand himself.  And that if neither of these are true, if he can keep talking out his ass long enough you'll go with the evil you do know instead of daring to face one you do not.

So he's playing you like a guitar. (something he's actually very good at.)

F. A. Hayek had Hodes and his socialist democrats nailed half a century ago.  In the progression to permanent one party socialist rule legislators are not asked to act where they can agree--but to produce agreement on everything. The way you do that is by letting leadership produce onerous incomprehensible legislation then forcing everyone on board.  The burden of responsibility (and the power of actual law making) is then shuffled off to the executive and the elite bureaucracy relieving the legislator of any traceable responsibility.   They are reduced to useful idiots rubber stamping whatever the party puts before them.   This then allows people like Hodes to change colors in every elections cycle, suggest remedies with no hope of serious action,because nothing is really their fault; he (and they) then embed themselves into the body politic like a tick sucking on our life blood as they deposit poisons into the crumbling remains of our once great republic.

The legislature is reduced to a useless organ whose sole function is to give the perception that the people have any voice at all in their government.  Seems like we're already there.

Maybe you don't want that? Well grab some tweezers.  On November second we have to pluck Paul Hodes off the rump of government so he can serenade himself into political history.



Stop The Spending

Creative Options Wanted

The headline reads (Union Leader) "Panel Hears Creative Options For Closing Budget Hole."

Someone call governor Lynch, the Nashua Telegraph,(Keene Sentinel, etc) and the NHDP--last I heard the democrats and their media friends were claiming we had a "surplus."  Of course the 'surplus' was never sold in its proper context--as in, "hey I just found twenty dollars in the front pocket of my hoodie, another 100 million and that just leaves us with all the other debt we bonded and passed on to the next bunch of suckers."

No, they were plying media spin for weeks by impregnating the punch drunk minds of the public with the word "surplus."  Poppies...Poppies.... But the only surplus was surplus spin, which to those of us who have been paying any attention at all correctly identified as BS.

The solution to what I guess we'll have to refer to as the democrats negative surplus, anti-surplus, or how about "deficit!," is to find "creative options" for closing what they claim is nothing more than a paltry 60 million dollar hole in the budget.  Well I read the options.  Would you be terribly surprised if not a one of them included "cutting spending?"  I didn't think you would be.  None of them included cutting spending, which is very strange if "creative" is to be taken seriously as a modifier of "options."  Everyone knows that in any democrat run public body cutting spending would not only be a creative solution because it can never be considered germane--it would be a bloody epiphany.  Clouds would part and the holy firmament would rise up in glorious song.

But instead of the Statue of David, the Mona Lisa, the Colossus of Rhodes, or The Empire Strikes Back, we get the missa defunctorum played by a jug band. (No offense to jug bands)

So we've empaneled for the purpose of deciding--as if we are late into the wee hours of a game of Monopoly, and not faring as well as we'd like-- which properties we can sell to make the rent payment. (Might I suggest a railroad?).  There are certainly things we should sell--like liquor stores, but I didn't see that as an option either.

Maybe after November the taxpayers can introduce a creative option of their own, significantly fewer tax and spend democrats in State government.



Cross Posted At Granite Grok