Arkansas Economist Predicts Prolonged Downturn...Governor Proposes Continued High State Spending

Arkansas Policy Foundation economist Greg Kaza is predicting continued economic hardship, which will continue to put a pinch on the pocketbooks of Arkansans.

Meanwhile, Governor Beebe is now planning on forgoing spending cuts that he had proposed earlier.

So, as the people of Arkansas struggle to make ends meet, the governor is planning on spending more of our money. His decision is based on an unexpected rise in tax revenues. The governor makes himself out to be an average guy, but while taxpayers struggle he's more than happy to keep our money and give it to state bureaucracies.

If the governor really wanted to do something for the state, he could cut our taxes so that we enjoy some unexpected revenue increases. I won't hold my breath.