Debt is a numbers game

Debt is a numbers game and we cannot afford to lose! If you want a tax lien placed on your property then vote YES for the bond. A lien is a legal claim on an other's property until a debt is paid. This debt will exist for 30 years!

Policy choices are financed by revenues in this case those generated from owning property in the form of property taxes. Revenues are used to finance a public good. Most of you have heard the term 'pork-barrel' spending. A new high school, gym and auditorium in this case would qualify as 'pork-barrel' spending. Spending taxpayer money on something that is not really needed is the true meaning of 'pork-barrel' spending. This is the tax smoothing approach to fiscal policy. Making the taxpayer feel like they are really getting something in return. Intuitively, this is bad fiscal policy. Pork-barrel spending gives rise to inefficiencies in decision making. It leads to things like the 'bridge to nowhere', $2500 hammers, etc.


The problems of the PISD exist at the middle school campus and the intermediate school campus per the presentations provided by the PISD. Bring forth a plan that addresses the real issues and one not filled with the pork of a new high school and auditorium.


At one of the coffee shop round tables it is reported that some supporting this pork have not paid their 2007 property tax bills. Why would someone support an increase in the tax rate if they have not paid their property tax bill from 2007? It is difficult to believe that someone would support such an increase and it was conveyed to the round table that someone had to have received some bad information (in other words some hard data in black and white needs to be presented). However, the sub-prime mess has shown that the country is filled with folks who want to benefit from the system as long as they can without ever paying a penny.


Each individual will have to come to their own conclusions as to whether they can afford this Hog.........................