Wednesday, December 3, 2008

Bad Sarah: The Spend Hard, Spend Big "Fiscal Conservative"

Here is a bit of history to back up some of the information presented in an earlier post on Bad Sarah's ineptitude as the Mayor of Wasillia. She paints herself as a financial conservative, a public official who spends thriftily and works to "root out corruption." BS Palin's rhetoric is so thinly stretched over outright lies that it only takes a hobbyist blogger like me a couple of minutes online to find out the facts. Presented as part of the case that BS Palin is not fit for public office, here are some details about her spending as Mayor of a tiny town - even 8 years later, the town is struggling to pay off the debts she incurred. I'm sure the town will join me in saying, Bad Sarah! (article below was posted during the 2008 election on wonkroom.thinkprogress.org, click the title "Bad Sarah, the Spend Hard...etc" above to go there or click any of the underlines below for further detailed information.)


As Mayor, ‘Hard-Core Fiscal Conservative’ Sarah Palin Left Wasilla awash in $20 Million In Debt»

The campaign of Sen. John McCain (R-AZ) is presenting his running mate, Gov. Sarah Palin (R-AK), as a reformer, fiscal conservative, and “tough minded budget cutter.” Other conservatives have latched onto this image - Phyllis Schlafly calls Palin “the total package” with “fiscal conservative credentials.”

Palin embraces the title, labeling herself a “hard-core fiscal conservative,” whose “agenda was to stop wasteful spending. However, as mayor of Wasilla, AK, Palin “was not always the fiscal watchdog she has since boasted of being.”

During her term in office, Palin cut property taxes and other small taxes on business. But as the Anchorage Daily News points out, “She wasn’t doing this by shrinking government.” During her tenure, the budget of Wasilla (population 5,469 in 2000) “apart from capital projects and debt, rose from $3.9 million in fiscal 1996 to $5.8 million.”

Palin also successfully pushed through a sales tax increase in Wasilla, which went to fund a $15 million sports complex. However, a land dispute over the sight of the complex led to “yea

rs of legal wrangling” and cost Wasilla almost $1.7 million, “a lot more than the roughly $125,000 the city would have paid in 1998 if it had closed a deal to buy the property outright.” Wasilla is still facing budget shortfalls from the case today.

When Palin left office in 2002, Wasilla had “racked up nearly $20 million in long term debt,” or roughly $3,000 of debt per resident.



No comments: