Quantcast Daily Skiff
College Media Network

Daily Skiff

  • Front Page

Point: Rejection of stimulus funding in Texans' best interest

Shane Rainey

Issue date: 3/27/09 Section: Opinion
  • Print
  • Email
  • Page 1 of 1

Everyone knows the economy is not in the best of health, but uncertainty is fanning the flames of recession thanks to every news media outlet scooping doom and gloom on an already paranoid society.

The federal government has used this hysteria to push its budget agenda, attempting to suffocate the recession in taxpayer dollars.

Thankfully, not all politicians are willing to be a government lap dog, and Gov. Rick Perry should be applauded for saying, "Thanks, but no thanks," to the almost $556 million for unemployment claims that were earmarked in the stimulus package.

The rationale is simple. With federal money, there are strings attached. Accepting this money would have negated state laws on unemployment eligibility, allowing groups such as college graduates without a work history and persons who have chosen to quit their jobs for "compelling reasons" to claim unemployment.

According to Perry, this money would have run out in as soon as two years. The state would then be stuck with the bill for this increased spending after the stimulus money is gone. Furthermore, the package would create higher unemployment taxes on businesses, which could result in an increase on goods.

On top of all this, the federal government is spending money it does not have, making it all the more vital that states not have red ink on their budget sheets.

According to a December NBC Dallas-Fort Worth story, Texas has an $11 billion surplus - an impressive feat given the economic climate. Making drastic changes is not a good idea.

It really all boils down to two underlying issues. First, accepting the money would be another step toward expanding the welfare state that President Barack Obama seems to so desperately desire, and that is not in the best interest of Texas taxpayers.

Expanding the unemployment benefits only serves to make citizens that much more dependent on government.

Secondly, it would be yet another case of looking to the immediate future instead of investing in the long term, a tactic - used by the last administration as well - that got us into this mess in the first place.

Accepting these unemployment funds would create a bill to be paid at some point, further dumping responsibility on future generations. If Perry had accepted it, he would have left the tab to his successor.

In the new era of responsibility touted by our president, Perry should be applauded. By not contributing to the creation of a welfare state and avoiding the massive debt this plan would create, the governor took responsibility and acted in the best long-term interest of his state's taxpayers.

Shane Rainey is a sophomore chemistry major from Fort Worth.


Page 1 of 1

Article Tools

Viewing Comments 1 - 1 of 1

David Whisenhunt

posted 4/01/09 @ 3:06 PM CST

Right on Shane.

Last time I checked Texas is doing a ton better than the rest of the U.S., so maybe Obama needs to stop trying to tell us what's best and open his own ears. (Continued…)

Post a Comment

  • NOTE: Email address will not be published

Type your comment below (html not allowed)

  I understand posting spam or other comments that are unrelated to this article will cause my comment to be flagged for deletion and possibly cause my IP address to be permanently banned from this server.

Advertisement

Daily Skiff Video

Loading...

Advertisement


  Classifieds

  Advertise

  Student Media

  - TCU News Now

  - KTCU

  - Image

  Blogs

  Follow us

  - Twitter (all news)

  - Twitter (sports)

  - Facebook

  Print Archives

  Search the Archives

  - Fall 2005 to Present

  - Fall 1998 to Fall 2003

  Staff List

  Jobs

  About Us

  Contact Us


  Get E-mail Updates

  News Feeds

  - All Stories 

  - News 

  - Sports 

  - Opinion 

  - Blogs 

  - Recent Article Comments 

 RSS Terms of Use

On the Web

-Setting up a TCU student checking account is as easy as watching the Horned Frogs win in football.

-See the freedom debt relief profile

-Compare free Texas moving quotes for your college move

-Daily Skiff readers who are accounting majors should get familiar with the CPA Exam to prepare for a future in accounting