[speedgibson] Speed Gibson: Premature Applause
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Fri Feb 15 00:23:51 EST 2008
Posted by Speed Gibson:
Premature Applause
http://speedgibson.powerblogs.com/posts/1203053018.shtml
My friends, please. You're all excited how Prime Minister Pawlenty has
his veto pen ready for this year's legislative session. I'm glad, too,
but let's keep some perspective.
As Governor from 1999 through 2002, Jesse Ventura and his "Big Plan"
increased total state spending by 30 percent in just 4 years, from
$32.7 billion to $42.7 billion. This is total spending per biennium -
"all funds" - not just the general fund usually referenced. The
general fund went up 26 percent, but it's the total spending that
counts.
The first six years of Pawlenty will have increased total state
spending by another 30 percent, from $42.7 billion to $55.4 billion
per biennium. Year six is as passed in the biennium budget from last
session and certainly will be revised slightly this session, but this
won't affect the six year total much. (The General Fund went up 29
percent.)
I don't blame Mr. Pawlenty entirely. He was spectacular in dealing
with the mega-honking deficit in 2003, but spending still went up over
7 percent that biennium, a little over the inflation rate. He
collapsed in 2005 as we all know, then rebounded in 2007 when the
over-confident, out of touch DFL leadership tried to both ignore and
corner Pawlenty. It was close, great fun really watching Larry
Pogemiller et al get schooled by our state's most adroit politician.
But while the vetoes held, the spending still went up over 9 percent
for the biennium.
Let me also observe that we got some tax relief and rebates from
Governor Ventura, and the school portion of our property taxes was
eased. As I'm sure the Democrats will agree, property taxes quickly
rebounded in Pawlenty's first two years and are once again at the
threshold of pain in most communities. And, Governor Pawlenty raised
taxes, and during the relatively prosperous 2006-07 biennium.
We were fooled in 1998, finding that Ventura was about as Independent
as his buddy Arnold Schwarzenegger is Republican. But the numbers show
that state spending is rising almost as fast under Pawlenty.
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