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Tuesday, October 12, 2010

The High Cost of Another O’Malley Term

It’s 21 days to the election.  Marylanders will vote in many different federal, state and local elections.  All of these will affect our collective pocketbooks in one way or another.  Who we elect for governor could have the greatest impact of all.

We need to remember that Maryland’s governor not only sets the tone for the budget, he (or hopefully someday, she) WRITES the budget.  The power of the General Assembly is rather limited as to what can be added to the Governor’s budget.  They can, however, increase taxes.  We also know that spending isn’t likely to go down given the philosophical bent of the legislature, UNLESS – we have a governor other than O’Malley.

Another four years of Martin O’Malley will cost Marylanders a plenty.  While we can only speculate as to the tax hikes we’re likely to see under a second O’Malley term, there is no question that we will see higher costs to Maryland’s economy AND directly out of our pockets.

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