Tuesday, July 21, 2015

Don't believe Beshear's budget baloney

Gov. Steve Beshear announced today an $82.5 million budget surplus for the fiscal year ended June 30, but don't expect our bankers or credit rating agencies to show any signs of believing him. They have been down this road before.

"This announcement is for the benefit of the rubes at the Associated Press and anyone else who needs to believe Obamanomics is doing something other than bankrupting us," said tea party activist David Adams. "Frankfort will put out required financial documents to the state's creditors at Christmas time and it will show our annual budget situation hundreds of millions of dollars worse than today's announcement without, they hope, getting found out before the elections."