Published: Wednesday, July 16 2014 9:55 p.m. MDT
With such a conservative leadership, its not surprise Utah is often lauded as
one of the most well run states from a fiscal perspective.Barack
could learn a thing or two.
Rainy day fund vs. lowest spending on education. I just wish we could have
Do you know who we have to thank for proposing the idea of a "rainy day"
fund?Olene Walker!The same Olene Walker who replaced
Mike Leavitt as governor, but who "wasn't conservative enough" to
become the Republican nominee the following term. No, the candidate who truly
was the most "conservative" thinker was ousted by the hard-right
conservatives. Now as we watch her proposed policies play out, we reflect and
are grateful for her glimpse into the future, and her extremely
"conservative" outlook! I wish that some in our party had more than half
a brain and could see the big picture.Thanks, Olene! :) Wish
she'd run again, but I am sure she is loving too much what she is doing
Joe Schmoe,You'd be happy if Utah spent the most and had the
worst prepared kids. As is, Utah spends last in per pupil and has average kids
in most educational rankings. So clearly, money isn't the main indicator
of academic success.But I know its hard to do anything but
"spend spend spend" as is barack's motto.
The Rainy Day fund is also used to launder money that is constitutionally
earmarked for education (income tax) and shift it to the general fund. We saw
this with the National Park shut down last fall. During the recession,
education desperately needed to tap into the rainy day fund. Apparently it
wasn't enough of a rainy day. Then came along the National Park shutdown
and in less than a week, a rainy day was declared and the rainy day fund was
tapped to pay for the opening of the parks. I think I said enough now, but my
question is this? Money set aside from income tax (education dollars) will
never be put back into education no matter how hard the downpour, so why can it
so easily find a home in non-educational expenditures such as funding the
National Parks in October? That money was specifically earmarked for education,
but the rainy day fund is set up as instrument to skirt that requirement. Spend
less on education, siphon the money to a rainy day fund, and transfer it to the
general fund. Genius!
Olene was still in the State Legislature when the Rainy Day Fund was
To "Joe Schmoe" what do you mean Utah is last for spending on education.
According to "Utah 10th for percentage of budget spent on education" in
the DN, there are only 9 states that spend a larger portion of their state
budget on education.To "Kings Court" how do you know that
the money funding the rainy day fund came from income taxes? According to
UtahEducationFacts, only 55% of the money spent on education comes from income
taxes. It could have come from sales taxes, property taxes, or any number of
other taxes that we pay.
DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.— About comments