Good thing Nebraska's Financial Forecasters don't forecast the weather or are in charge of our retirement investments. I can't think of a time in the past year and a half they have hit what state tax revenue income would be. Looks like our Governor and friends in the Unicameral are going to have to trim another 30+ million from Nebraska's budget...just less than a week after other "forecasters" said Nebraska and most of the other abutting states were bouncing back economically. Like everyone else...no one has a clue.
I'm riding with the guy that said we have a rocky row to hoe the next ten years and there will be peaks and valleys along the way. If our leaders at the local...state...and national level don't give an extra strong tug on the spending reins yesterday...it's only going to get worse. Unfortunately I don't look for them to change their "tax and spend and tax some more while throwing in a new fee or two" habits.
Friday, February 26, 2010
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