Well worth the read here folks.
This is true for all levels of Government.
Especially here in the Hudson School District, Hudson Library, St Croix County.
We are experiencing double digit growth in their budgets.
Way back in 2009, I narrated a video explaining that people worry too much about deficits and debt. Red ink isn’t desirable, to be sure, but I pointed out that the real problem is government spending.
And the bottom line is that most types of government spending are bad for an economy, regardless of whether they are financed by taxes or borrowing.
A Primer on Debt, Deficits, and Public Finance https://t.co/rbN9Dkzzaf
— St Croix Free Press (@SCroixFreePress) March 18, 2018