Minnesota House Democrats propose $1 ...

Minnesota House Democrats propose $1 billion borrowing bill

There are 53 comments on the TwinCities.com story from Feb 4, 2010, titled Minnesota House Democrats propose $1 billion borrowing bill. In it, TwinCities.com reports that:

Minnesota House Democrats are kicking off the 2010 legislative session with a proposal to borrow $1 billion for construction projects.

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Joe Merlot

United States

#1 Feb 4, 2010
This is ridiculous. The state should borrow for ONLY what is ABSOLUTELY NECESSARY. Parks and trails and transit projects are not absolutely necessary and should not be funded until our state budget has breathing room. Period and end of story.

Further, the notion that short term jobs are an economic stimulus is a load of BS. Only sustained consumer spending will provided sustained economic recovery and that will not happen as a result of "shovel ready projects" that provide short term income. Government stimulus needs to be rooted in policy that stimulates markets not through creating temporary construction jobs. Doing so represents an excuse to continue spending irresponsibly.

And is it surprising that DFL leaders come out of the gate thumbing their noses at the Governor? Nope, not at all. Count on another contentious session with less than productive results and a significant partisan turn over in November. Until we get the crazies out of power, nothing will improve.
happy pappy

Saint Paul, MN

#2 Feb 4, 2010
of course
name

San Francisco, CA

#3 Feb 4, 2010
Big surprise.
Maverick

Washington, DC

#4 Feb 4, 2010
This list of projects does not appear to contain necessities, but nice-to-haves. Parks? Trails? Civic buildings? Sheesh.

Let's just slow down and stop spending on things that are not absolutely necessary, until revenue is up again (and not due to tax increases, but due to more people working).

But, the dems will NEVER consider this option... they LOVE to spend other people's money.(But are greedy when it comes to their OWN bottom line).
P T Bull

Minneapolis, MN

#5 Feb 4, 2010
Borrow and spend--the democrat way.
Taxpayer

Minneapolis, MN

#6 Feb 4, 2010
Tim will have to get his pen out (again). God bless him.
Bill from Saint Paul

Saint Paul, MN

#7 Feb 4, 2010
Joe Merlot wrote:
This is ridiculous.
This is a little more than what Tim wanted to borrow. But this money will put people to work and shore up infrastructure. The state needs revenue because of declining wages and fewer people working.
Kevin

Minneapolis, MN

#8 Feb 4, 2010
What is wrong with these people?
Bill from Saint Paul

Saint Paul, MN

#9 Feb 4, 2010
P T Bull wrote:
Borrow and spend--the democrat way.
So what is your sloution? We can't cut any more without becoming like a third world country. Conservatives are against borrowing or tax increases, even on ciggarettes!

Sooooo...what is your solution Bunkie?
Bill from Saint Paul

Saint Paul, MN

#10 Feb 4, 2010
Maverick wrote:
This list of projects does not appear to contain necessities, but nice-to-haves. Parks? Trails? Civic buildings? Sheesh.
Let's just slow down and stop spending on things that are not absolutely necessary, until revenue is up again (and not due to tax increases, but due to more people working).
But, the dems will NEVER consider this option... they LOVE to spend other people's money.(But are greedy when it comes to their OWN bottom line).
This is a jobs bill. It will gererate revenue for the state. What don't you get!
Cerin218

Chanhassen, MN

#11 Feb 4, 2010
Why is it so hard for liberals to understand that you can't spend more then you have? Why don't we wait until we have the money saved up for these projects first? Not that I don't appreciate the $110 bucks a month my property taxes have gone up because the f'ing liberals won't stop spending money. The Fed want to vote to spend more, the State wants to spend more, when will we have the money to pay this back? Why are you liberals so fiscally brain dead?
cpw

Maple Lake, MN

#12 Feb 4, 2010
were lucky to have pawlenty... but he can only do so much and hes leaving!! stand up and shout!! are you kidding me... we need to do these projects while interest is low?? how about cutting back on all projects about 30% like i did on my place... damm
Cerin218

Chanhassen, MN

#13 Feb 4, 2010
Hey Bill, what is tax money? It is money that has been taken from people in this state. The gov can't spend us into prosperity. Why don't you get this. YOU NEED TO CUT SPENDING!! Government spending is not sustainable income.

WE CAN"T CUT MORE IN THIS STATE? We are one of the highest taxed states in this country!!

How about instead of spending first, and figuring out where to get the money later, be stop spending. Why is it you idiot liberals only know take the money from people and spend it on stuff. Don't you realize that if people have more money, they spend more, which means the state makes money in sales tax, businesses provide goods and services which increase revenue allowing them to invest and expand. Notice the idiots in this state keep voting Democrat, and we keep being poor.
Maverick

Washington, DC

#14 Feb 4, 2010
Bill from Saint Paul wrote:
<quoted text>
So what is your sloution? We can't cut any more without becoming like a third world country. Conservatives are against borrowing or tax increases, even on ciggarettes!
Sooooo...what is your solution Bunkie?
I have some great ideas for some of it: Make our welfare benefits EQUAL to the surrounding states instead of more generous. Bill - why does this state have to pay out more benefits than other, surrounding states? Can you answer that?

This practice LURES people here, and they bring their huge families, drug problems, and crime.

Why do welfare people need free transit and free cell phones? Gee, I wonder what the incentive would be to get off welfare???

And, Bill - government-funded, construction jobs are not sustainable, permanent jobs. When the project is over and the money stops, the job is gone. Voila. Same unemployment rate. Duh.
Vikings Fan

Rochester, MN

#15 Feb 4, 2010
Bill from Saint Paul wrote:
<quoted text>
This is a little more than what Tim wanted to borrow. But this money will put people to work and shore up infrastructure. The state needs revenue because of declining wages and fewer people working.
Really? Tim Pawlenty told the Democrats before the session started as a compromise he was proposing $625 million in bonding projects. So your statement-"This is a little more than what Tim wanted to borrow", is false and about $375 million off! What are you trying to make it sound that Gov. Pawlenty was onboard with the Democrats $1 Billion Bonding Bill? Give me a break!
carl from mpls

Collegeville, MN

#16 Feb 4, 2010
how about a casino to get revenue and do only necessary projects til we get revenue up
Bob the Bilderberg

Saint Paul, MN

#17 Feb 4, 2010
This is all about placating the construction unions so they'll still man the phones come November.
Joe Merlot

United States

#18 Feb 4, 2010
Bill from Saint Paul wrote:
<quoted text>
This is a little more than what Tim wanted to borrow. But this money will put people to work and shore up infrastructure. The state needs revenue because of declining wages and fewer people working.
Bill, it will put people to work TEMPORARILY and will not increase consumer spending as those that earn on these projects do not have the security necessary for them to be comfortable spending that money. They will save it or pay off bills/overhead and then hope that they can get work again soon for the same.

And a little more? Like nearly 40% more? Come on.

We can "shore up" bike trails, parks and transit when we have the money. Now's not the time. Even state building expansion should be off the table and only maintenance of state buildings should be addressed during times like this.

I call on Democrats to quit the excuses and stop the irresponsible spending. There just is not an acceptable excuse for it right now. You can either heed the advice or pay the price (in November that is).

Makes no never mind to me. Irresponsible spending will be halted one way or the other.
American Idiots

Saint Paul, MN

#19 Feb 4, 2010
Has cutting spending EVER entered your frickin simple minds? The amount of spending is crazy in the country, spending out paces population growth by mile. The messege needs to be sent this fall, cut spending or go home, period!!!

“When in Rome, Do as I say....”

Since: Aug 09

Mpls / StPaul

#20 Feb 4, 2010
Sounds like the construction industry will do nicely this year... Who knows, maybe they can finally finish the 35/62 job...

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