Maine Insurance

If you do not want to read this article, the reader is here digest version of it! Ten years ago, Maine, after a decade of socialist government as much as possible expenditure of the money for social affairs. Increased spending in this area has led to a weakening of the economy of Maine, given that we are not our biggest investment in the capital-Maine workers. Our offer is not enough investment in the improvement of worker training, research and development has led to a loss of quality jobs. ”

The end result is less revenue to support the social programs that we desired, and less income for the man of Maine, towns, municipalities and institutions. Even if we started to turn, for example, in what is now a better economic decision-making, we are in my opinion, 10-20 years, away from the achievement of a successful economic history. If we had done that, in early 1998, we would already ten years on the road to greater Maine.

The mere walk in our statement of the current budget, the crisis is fingers and debt someone else to our suffering. It is an easy target, and that of the Confederation. But this approach does a disservice to the man in Maine, because each country is responsible for its own economic future. I believe that our current economy and the financial woes have been ten years in the manufacture of bad budget situation decisions about spending.

Let’s go back 10 years. During the year 1998, we were in the best of economic times, in several decades. Everyone has the money that the state of Maine has introduced in more tax revenue than ever before. Thus was born the “fiscal crisis” in the form of a lot of money.

That’s why some groups called for him to be - and this is - including against (or if I am told), the Governor King, warned that they are not new or significantly higher percentage of these programmes with the government time to vent. He was saving some money on the eight major categories of overall funding expenditures. But not as fast as the money has not been spent or proportional and equal.

Most of the Burn a hole in my pocket “The money went to Medicaid / Maine Care ($ 122 million) in the Department Human Services - 50 percent more than the previous year. All other major categories seven received the rest:

Personnel services (state employees) $ 17 million, which represents an increase of 6%

Higher Educations (UAS and universities) $ 16 million, which represents an increase of 6%

Teacher’s Retirement, $ 10 million, which represents an increase of 7%

Tax Relief Program $ 53115 1998

Debt-service, no changes, because they are only with modifications bond

Others / stew - the rest of the budget, for a total amount of US $ 43 million, an increase of 13%

CPM-K-12 Education unvergesslic d ing - has been reduced by $ 4 million, or .7 percent.

Wait a minute! Have-1999? Yes, it was during the year, we have more money than ever before, the state of public education has created share of taxes on your property! They have not forgotten, as many are property taxes in recent years, have you? From 1998 to 2005, Stand K-12-education expenditure was only 24 percent - less than inflation. As the owner, the rest for you.

But wait! There’s more! From 1998-2005, Medicaid spending has increased between 138% and 2006 163 per cent, after a sharp increase. In the time interval (Let us remember the rest of the seven categories), they have increased by 30 per cent in 2005 and 32 per cent by 2006.