Thursday, February 25, 2010

THE FIRST STEP
IS ADMITTING
YOU HAVE A...

Montgomery County's historic budget shortfall is now up to $761M.

Council President Nancy Floreen says the county "has a very serious problem."

Gee, you think?

It has a very serious SPENDING problem, one created by Councilmember Floreen and her equally freespending colleagues over the last 8 years.

As I've told you time and again, we have a structural deficit, and will for years to come.

One reason for that was officially acknowledged by the county yesterday: 39% of millionaires have moved out of the county since 2007, when Gov. Martin O'Malley (with hefty support from the Montgomery County Council and county delegation to Annapolis) slapped a "millionaire tax" on... ...millionaires. You know, the people who hire people. And create "jobs."

Oops.

"Houston, we have a ________."

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