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Listener: Pratt on Texas
Category: Lubbock City Politics
Date: 21 Oct 2009
Time: 10:01:18 -0700
Remote Name: 68.91.16.232
Creating debt is no
investment in our children
Robert Pratt, Pratt on Texas
Why enter into long-term debt, with interest payments due for years to come as well as paying back the principal, for something Lubbock can build year to year from regular budget funding?
I’m talking about Lubbock bond proposition 3. Currently the budget is tight but somehow our city council, which approved putting these items forward for a vote, is well aware of an extra quarter of a million dollars per year they can easily afford out of the budget. Why do I say this? Because the City of Lubbock has estimated the annual maintenance costs for the proposed soccer fields at just that: $250,000 per year. This would be in addition to interest and principal payments for the over-the-top soccer fields.
If they can recommend a project that will cost at least $250,000 per year to maintain, then they have that much money available in the city budgets to come. So my friends, all you need do vote no on proposition 4, the one which builds a giant soccer complex in far southwest Lubbock. If you do, then the City will have plenty of money left each year to build a splash pad in a park each year without ever going into debt.
I’m not being clever, I’m being responsible. It is completely irresponsible for us to go into debt for something that can be paid for without interest and from regular funds. Vote no on propositions 3 and 4 and the council will then have enough money to help those low-income family areas. We can build a splash pad a year until we’re all splish-splashing to our hearts’ content.
Sorry “4 Lubbock” socialists*: It’s a real investment in our children, to refuse to saddle them and their parents, with more debt that they’ll have to pay off as they enter the workforce.
*The following comes from the Facebook website for the "4 Lubbock" pro-spending on everything, civic-cheerleader group. It was a response to someone mentioning responsible spending in our down economy: "Irresponsibility? How exactly would you define that term? I'm more disappointed in the lack of compassion from all you private-sector advocates. Are you really that concerned about your taxes going up $2.74 so kids can have a place to play? Your sense of entitlement is disgusting." Notice the objection to a person being entitled to keeping their own money and the hostility to those who support the private-sector - pure anti-Liberty, Socialist thought. The $2.74 figure is not factual either, it just covers the bond debt not annual maintenance and is based upon a specific property value which varies for each taxpayer.
Be very careful with ANY candidate for office springing from or backed by this group. They are hostile to conservatives, responsible government, lower taxes and now we know - even the private-sector economy.
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