Structural Deficit Defined

December 15, 2008 at 1:00 am (Board of Supervisors, Politics, Taxes, Tredyffrin Twp.) (, , , )

“Structural Deficit” is a misnomer currently used by the Tredyffrin Township Board of Supervisors.  It is meant to convey that there is a deficit, it is years old, and it is not their fault.  Instead, they should call it a “Chronic Deficit.”  Since, they have confirmed that this deficit has been around for years, and  though they knew this, they continued spending.  That is the definition of fiscal irresponsibility – knowingly spending more than you’ll receive.    

Budgets do not not get out of control when Supervisors  are careful with money.  They go haywire when Supervisors foolishly mistake their “wants” for actual “needs.”  We could benefit from this recession if Supervisors would reflect on how they waste our money.

The fiscally responsible thing to do is trim the budget without delay.  It is the Supervisors’ most important responsibility, and we elected them to do it.  We did not elect a citizen’s panel of their choosing.  We elected them.  

-A Pen

Permalink Leave a Comment