Art credit: westbendnews.com
Cast your votes in the Tuesday primary
State legislators voted, at the end of 2013, to
place State Issue 1 on the May 6, 2014 ballot through passing Joint Resolution
6 ("SJR 6").
State Issue 1 proposes to amend the Ohio
Constitution "to fund public infrastructure capital improvements by
permitting the issuance of general obligation bonds." Essentially, the
state seeks to borrow and spend money it does not currently have to build roads,
bridges, wastewater treatment systems, water supply systems, etc.
On its face, this sounds complex. And indeed, the
Joint Resolution placing the issue on the ballot, is no pleasure to read.
However a careful reading of the measure, placed in proper context, reveals
that the proposed Constitutional Amendment that Issue 1 would usher in is
inordinately poor public policy.
Bullet points are
below. Click here for all the details.
1. State Issue 1 would mandate an additional
$1.875 Billion in spending at a time when Ohio has just implemented a state budget
that is the largest in its history, and growing significantly larger each year.
2. State Issue 1 undermines Ohio's constitutional
Balanced Budget requirement by unbalancing the Budget.
3. Passage of State Issue 1 is likely to create
perverse political incentives that further escalate state spending in the
future.
4. Passage of State Issue 1 would almost necessarily
result in a tax increase.
5. Passage of Issue 1 will not "create
jobs" because government spending does not create jobs.
6. State spending associated with State Issue 1
could be susceptible to improper political considerations.
7. The Passage of State Issue 1 is likely to
require middle-class Ohioans to subsidize wealthy investors.
8. The Ohio General Assembly has already
considerably cluttered the Ohio Constitution through spending earmarks.
There has been next
to no public debate on this amendment, and WHY is it an amendment to the Ohio Constitution
instead of a proposed law? Read the chapter and verse on Bullet point #8 for more on
this.
Most importantly, VOTE!