Comments on: Local government aid cuts: Which cities will lose the most? http://minnesotaindependent.com/37170/local-government-aid-cuts-which-cities-will-lose-the-most News. Politics. Media. Sun, 22 Nov 2009 04:43:11 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Mitchell Blatt http://minnesotaindependent.com/37170/local-government-aid-cuts-which-cities-will-lose-the-most/comment-page-1#comment-33485 Mitchell Blatt Wed, 08 Jul 2009 15:23:35 +0000 http://minnesotaindependent.com/?p=37170#comment-33485 He should cut more. He shouldn't chicken out with just $200 million. The deficit is $2.7 billion. He should cut more. He shouldn’t chicken out with just $200 million. The deficit is $2.7 billion.

]]> By: Mill http://minnesotaindependent.com/37170/local-government-aid-cuts-which-cities-will-lose-the-most/comment-page-1#comment-32594 Mill Sat, 20 Jun 2009 18:59:04 +0000 http://minnesotaindependent.com/?p=37170#comment-32594 the fiscal hits in 2010 are really pretty big. maybe economic activity will pick up by then. maybe we'll take a little more tax from those few who are still doing fabulously well. You can't cut your way to prosperity short-run. In the medium run we should reconsider our balanced budget requirement. Both options available to cover a budget gap - having to cut spending and/or raise taxes - those options are both bad ones when we're still contracting economically. They'll make the recession worse, while concentrating the latest pain on vulnerable citizens who need state services and public employees who provide those. the fiscal hits in 2010 are really pretty big. maybe economic activity will pick up by then. maybe we’ll take a little more tax from those few who are still doing fabulously well.

You can’t cut your way to prosperity short-run.

In the medium run we should reconsider our balanced budget requirement. Both options available to cover a budget gap – having to cut spending and/or raise taxes – those options are both bad ones when we’re still contracting economically. They’ll make the recession worse, while concentrating the latest pain on vulnerable citizens who need state services and public employees who provide those.

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