adelord wrote: “My general checklist:
1. Is it really necessary?
2. Can the market solve this problem within an acceptable period of time?
3. Can we (the taxpayers) afford it?”
Good idea, if it weren’t for the little game the pols are playing with you, that other commenters have pointed out above: Put spending initiatives that are unpopular through the legislature. That gets them up to a certain level of spending in total. Then put the popular spending initiatives on the ballot, using a pay-later bond.
Using this dual-barrel approach, total spending is way higher than if the voters were fully in control, or if the legislature were fully in control. Pols just wanna have… more spending.
My checklist is No if it involves more spending, and Maybe if it doesn’t.
