The SPENDING Gap

Originally posted in a LVRJ Forum

As a rule, Republicrats spend faster than revenues rise. In this unusual economy, revenues are falling faster than Republicrats have been willing to cut. "Budget gap" is fuzzy. Better to say we have a SPENDING gap.

In the recent (inflated) boom years (2004-2006) Nevada tax revenues were growing at double digit rates. Government spending even MORE. In the '09 session, despite *falling* revenues (which are now back to '05 levels -- then a BLOWOUT year) Republicrats actually boosted spending ($3.2B/yr -> $3.4B). That's right.

It's funny to watch Buckfee, Horsefurd and the gang scrambling to look like TeaBaggers after RINO election victories in VA, NJ, and MA. Horsefurd still couldn't hide his contempt for the private sector, though. He promises revenge as soon as the economy turns. The DEMs really are the CPUSA.