Sunday, January 13, 2008

Chronicles of Blarney

The Louisville Courier-Journal digs into its archives this morning to point out that they knew two years ago that Kentucky was dramatically overspending tax money.
Based on the comments by Fletcher and his budget team, a Courier-Journal story published on April 24, 2006, said:

"Unless the state's economy grows at a much higher-than-normal rate -- and much higher than projected -- lawmakers in 2008 will not have money for teacher raises, university improvements or other funding increases without raising revenue or making painful spending cuts in other areas."

Perhaps they would have been able to find that story faster if their archives from those days weren't loaded up with stories about merit hiring and other much less important issues than blowing tax money.