Another Bum Who Should Have Been Thrown Out
House Finance Committee Chairman Steven Costantino tells Steve Peoples, essentially, “Hey, it ain’t us”:
“I’m not sure this is structural,” Costantino said of the deficits. “It’s the economy.”
Well, yeah, the economy is partly to blame, but if Rhode Island’s legislature uses that as their annual excuse not to make structural changes, a release of economic pressure in other states may cause the state to deflate. Working and middle class Rhode Islanders have already been fleeing for years; just wait until they’ve had a taste of recession and ours is among the last states handing out the recovery sorbet.
Once again: slash taxes, erase reams of licensing requirements and unnecessary regulations, invest in infrastructure (without borrowing), and give salable tax credits to charities for softening the blow to those whom the state can no longer afford to support.