Another Reason I Like Bredesen
Apparently, he wants lawmakers to actually wait and see how much dough the lottery will pull in before planning on spending the money. Wow, applying real world business concepts to gummint. What a novel idea. As Bill has pointed out on several occasions, most of Tennessee’s financial problems come from failure to accurately project revenue. Seems like Bredesen should also fire the guys that project revenue.
Of course, legislators are in a hurry to start buying votes err giving scholarships to Tennessee students even though they have no idea how much money the lottery will bring in. Seems pretty easy to determine how many scholarships they’ll have to give out by looking at past enrollment statistics in Tennessee. However, the big unknown is how many folks will play the lottery.
Now, I wonder if the gummint should even be in the business of giving scholarships. It’d be nice to have free scholarships in case I decide to have any little uncles but is that the place of the state?
