Way back in February we wondered if the General Assembly fully understood the state’s teetering debt situation. A $451m. bond issue gives us the answer: Hell no.
What is more bizarre is that the items legislators want to throw more money at — yet more state university buildings — are in no way, shape, or form pressing needs. But that is the how ended up maxing out our AAA debt, flirting with a downgrade the will cost taxpayers millions in empty interest costs, now isn’t it?
Being completely unable to distinguish between wants and needs. We just buy as much as we can, every time.
