Wednesday, August 4, 2010

Wake schools can cope with state cuts - Local -

"I thought the state was going to hurt us more." The state is in denial and has deferred any tough spending decisions until after November elections. With the economy slipping back into a recession, I expect furloughs and layoffs. No doubt the senior administrators are eligible for retirement, and I applaud and commend Mr. Margiotta for making the best of a very difficult budget cycle.

Make no mistake, though, leading economic indicators show the economy slipping, and the low hanging spending fruit has picked. It's time to prune the trees.

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