K-12 TX & $pending Climate: Debt and governance notes
Like hobo stew, the cost of living has many ingredients. Pumping increasingly worthless dollars into the economy is one of them. Democrats in Washington injected billions into America’s economic bloodstream in the name of Covid relief. Yet another casualty of the pandemic panic, along with closing schools and wearing masks on the bike path!
The National Bureau of Economic Research identifies the CARES Act and the National Rescue Plan as a prime contributor to inflationthat peaked at 9% in June 2022.
The federal government showered $350 billion on state and local governments. Gov. Tony Evers, a Democrat, spent most of the $5.7 billion federal largesse at his sole discretion.
City will pay you to sue it
The City of Madison spent one-time money to paper overoperational expenses and to avoid hard decisions, such as deep sixing the $1.1 million Police Civilian* Oversight Board, which is now advertising for attorneys willing to be paid up to $15,000 for each anti-cop lawsuit they bring against the city. That’s right — the City of Madison will pay you to sue itself! ( * which the bid document misnames “Citizen” Oversight Board.)
