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Tag: GPD

Lets Get This Straight

By JGillman, Section News
Posted on Thu Aug 25, 2011 at 10:47:29 AM EST
Tags: Michigan, Granholm, Tax Raiser, Thuggery, Unions, GPD, Federal (all tags)

Jennifer Granholm was a lot of things, but a tax cutter? No. Neither was she effective at blowing us away in a good sense in the 5 years she had pledged to do.

Her economic development sense is not only deficient, but dangerous if anyone takes her seriously. Her desperation to be seen as better than she was showed up as a comment on a blog as referenced by the CapCon story linked above.

That comment? It was a reply to another knucklehead who cherry picked positive numbers from a recent fiscal presentation by the Senate Fiscal Agency. Those numbers of course without the benefit of comparative perspective or further analysis. Analysis that demonstrates even more succinctly the total failure that was a near decade of governor Jennifer Granholm. The couple of items to note being stated this way:

"The facts as laid out in the SFA report are the complete opposite. An era of remarkable - almost certainly unprecedented - spending restraint. State spending from all state resource in FY2002 (the Engler Administration's last year) was $26.087 billion. In FY2011 (the last Granholm Administration budget) it was $26.050 billion. For the general fund (what everyone focuses on) it went from $9.189 billion to $8.280 billion. Nearly a billion dollar reduction. And for school aid from $11.220 billion to $10.776 billion."

And he called it restraint. What it truly is should be seen as more of a problem.

In 2003, there was a roughly $12 Billion FEDERAL outlay for Michigan expenditures. In fiscal year 2008-2009 it was about $22 Billion, and 2009-2010 (Granholm's last budget) it was $20 Billion.

This is not the effect of restraint, but rather the sellout of Michigan into a dependency on more federal support.

But wait there is more!! (below)

(6 comments, 790 words in story) Full Story