I ran across an interesting story in today’s Observer:
http://www.charlotte.com/540/story/697154.html
Apparently, IF the NC Education Lottery were to be repealed, then according to Perdue, there would be a “$350 million” gap in education funding, that would have to be found somewhere. In essence, what she is saying is this - now education is not a priority spending item in the state budget, funded by corporate and personal income taxes, as it was before the lottery, but by the proceeds from the lottery itself…
When we (oops, the legislature) voted to approve the “NC ‘Education’ Lottery” in 2005, many yes votes were cast because “it was going for a good cause”. I am sure if it had been dubbed the “NC ‘Prison’ Lottery, it probably would not have been approved.
It is refreshing now to note that our Democrat power machine in Raleigh is now admitting - the lottery was just a way to supplant funding for public education on things that matter more to them - like teapot museums, and four lane highways that lead to nowhere. What will happen when lottery proceeds start to decline? Will we see an equal decline in the education budget?
Let’s have some Independence Day fun. I have already dubbed the lottery by an alternative name. Here are some others I have thought of:
NC “Let’s Build a Bridge to Nowhere” Lottery
NC “State Employment Tenure” Lottery
NC “Teapot Museum” Lottery
NC “Governors Helicopter” Lottery
NC “First Lady Pay Raise” Lottery
Your proposals?


5 responses so far ↓
1 Justin Thibault // Jul 4, 2008 at 1:19 am
The NC “$60 Cheeseburger” Lottery
2 Mark Di Biasio // Jul 5, 2008 at 9:34 am
The NC “More Roads for Raleigh” Lottery
3 Steve Smith // Jul 5, 2008 at 8:08 pm
Two good points abouth the Lottery:
1. Keeps this lottery money that was being spent in SC, VA and GA to stay here in NC.
2. Allowed some corruption in the NC State Legislature and other placed to be rooted out the the guilty to be sent to jail thereby renewing my faith in good government to some extent.
Other than these, anything you want to call it is fine with me.
4 Justin Thibault // Jul 9, 2008 at 11:09 am
Steve - So, you think the lottery is good economics?
5 Kenneth McClamrock // Jul 9, 2008 at 5:16 pm
Steve
“1. Keeps this lottery money that was being spent in SC, VA and GA to stay here in NC.”
So in other words… It keeps more poor people poorer, lowering their standard of living all over NC, instead of just those who lived close enough to hop over the border and buy a couple tickets a day?
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