It is a wonderful principle that when income is rosy you put away a few bucks for lesser days. I would like to give kudos to Mike Leavitt, Olene Walker and others for creating the Rainy Day Fund and stashing several surplus dollars in it during roaring times.
We can certainly see the wisdom in this policy during these lean times. One of the flaws in our system is during high-income times we add a bevy of employees, benefits and programs that continue in hard times and are difficult to pay for in lesser economies. Utah is still a well-run state, and I compliment the current administration, which seems to be tackling tough problems in a courageous and prudent manner.
T. G. "Bud" Mahas
Salt Lake City
- Why LDS Church's anti-discrimination stance...
- What one word best describes Barack Obama?
- In our opinion: Fix, don't repeal, Affordable...
- What The New York Times gets wrong about...
- Michael Gerson: America has enough problems...
- W. Bradford Wilcox: Yes, women and children...
- Letter: Antelope Island prison
- Jay Evensen: In fight over school funding,...
- What The New York Times gets wrong... 77
- In our opinion: Fix, don't repeal,... 70
- Michael and Jenet Erickson: Utah... 50
- In our opinion: It's time to end the... 42
- Mike Lee: Tax reform shouldn't penalize... 38
- In our opinion: Fairness for all in... 37
- Jay Evensen: Will Obama visit Utah? Do... 37
- In our opinion: It's time for Utah to... 27