Jason Bailey of the KY Center for Economic Policy explains why our legislators putting even MORE money in the rainy-day fund is a really bad idea – especially when you consider where the money COULD be used.
“It’s like putting money in your mattress when your roof is leaking.”
Resources for this episode
- Main site: KY Center for Economic Policy
- Analysis: “Kentucky is excessively stockpiling needed resources”
- Press Release: “Kentucky has the money for a budget that delivers”
Transcript (for paying members)
Hello, and welcome to the state of Kentucky. I’m Bruce Maples, publisher of Forward Kentucky, and today we are going to interview Jason Bailey, who is the executive director of the Kentucky Center for Economic Policy.
Jason and the Center have been talking about the upcoming budget session in the General Assembly and how the Republican supermajority is taking the wrong approach to how we should deal with our money, stuffing it into the mattress instead of spending it on Kentuckians.