Politicians teach how to go broke

An article in the paper talked about our governor's ideas on how to sell out future income for instant gratification to meet budget expenses that are not yet approved.

He couldn't lease the toll roads, but he now wants to sell or lease the lottery for instant cash and lose the income in future years. He also proposes that we sell off future income for the cases won against tobacco companies.

He wants to tax companies who do not provide health insurance. Is that to drive them out of state or to bankrupt them? How is he going to cover the shortfall next year and the year after?

There was also an article about the impact of borrowing against future retirement income to handle expenses of today.

Without going into how the Californian covered in the article got into his predicament, isn't this more of the same borrow for today without regard for tomorrow?

Some people who are faced with dire financial decisions are in that trouble because they bet that they could pay for it tomorrow. Of course, their role models in government haven't set a very good example.

David Krein

Schaumburg