The governor and Republicans should be alert to the reality: The state cannot cut its way to greater prosperity
Akron Beacon Journal editorial, Jan. 18, 2011
Relying entirely on spending cuts to balance the next state budget risks damaging the state's economy in the long run. That is the worthy argument of One Ohio Now, voiced during a rally at the Statehouse last week. The group, representing more than 30 health and human services, education, transportation and labor interests, rightly called for a ''balanced approach.'' In other words, additional revenue also must be part of the budget solution.
The perspective is a valuable one to bring to the coming budget debate. Gov. John Kasich and the Republican majorities in the House and Senate are charting a different course as a projected deficit ranging from $4 billion to $8 billion looms for the next biennium. Kasich and his allies propose cutting taxes, for example, letting the final phase of an income-tax cut go into effect and eliminating the state's estate tax. That means deeper spending reductions.
Billions already have been cut in recent years. Slash billions more? The fear is a further weakening in areas such as education, mental health services and job training, harming Ohio's ability to lay a stronger economic foundation and to assist the poor and vulnerable. Erasing the jobs of teachers, safety forces and state employees also has a downside, the loss of solid, middle-class jobs, contributing to an unemployment rate that remains stubbornly high. Full article.