Mark Parkinson on Budget & Economy |
Downturns are inevitable. Every business and family knows this, and those that are able develop reserve funds to prepare for those downturns. It is time for the state to do the same. I am asking you to pass the Constitutional Amendment that would require us to set a portion of state revenue aside to create an emergency fund. In years of declining revenue we would tap into the fund and avoid the situation we are currently in. It is time that we put our fiscal house in order and lay the foundation for a solid financial future for this state.
During a recession, people give up; once they give up, a recession can become a depression. My message to Kansans tonight is this: don't give up. There are too many reasons for genuine optimism.