Politics Magazine

Remedial Economics

Posted on the 05 September 2015 by Jezebel282
Mayoral Office Equipment

Mayoral Office Equipment

We must admit even we grow weary of going over the same material time and again. But apparently we must.

“The mayor has maintained, however, that this “Vote No” assessment of the issue is simplistic — and that the Greater New Haven Water Pollution Control Authority would be assuming the cost of the 17 employees of the waste treatment plant at the foot of Birdseye Street, as well as the high cost of maintaining more than 200 miles of sewer pipes and 13 pumping stations. The sale would also reduce the town’s bonded debt, Harkins said. And, he has said, if the sale is scuttled, the town’s bond rating will suffer because the the current and previous town budgets were predicated on the sale taking place.This has resulted in the town’s reserve fund to drop precipitously — a key factor that bond rating agencies look at.” http://www.ctpost.com/news/article/In-Stratford-Vote-Yes-event-an-opportunity-6486204.php

Sound reasonable? It might if any of it were true. In fact, the only true part was “the town’s bond rating will suffer because the current and previous town budgets were predicated on the sale taking place.”  Let’s go all the way back to Home Economics. What do they call it now? “Domestic Science”? You don’t count as actual money the things you haven’t sold yet. But that is exactly what this mayor and his weak and stupid Council did! And then they spent the imaginary money as if it were real money!

If this deal wasn’t so bad and the mayor didn’t lie about it so much,  maybe so many thousands of registered voters wouldn’t be so mad. On the other hand, if your grandmother had…..never mind.

It’s still a horrible deal and no amount of $100 party tickets will change that.


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