Just thought I’d jump in on Riley’s bandwagon and post a piece written by my father in the Washington Post (D-Nova) regarding their endorsement of Jody “Financial Fantasyland” Wagner.
In 2002, Mr. Warner and Ms. Wagner declared a $6 billion shortfall that independent journalists say never existed. Mr. Warner and Ms. Wagner later underestimated revenue and forced a $1.4 billion tax increase. Two months after this tax increase passed, they discovered no deficit but a $1.1 billion surplus. In 2007, Ms. Wagner reported a shortfall of $200 million to $400 million in the state budget. She had overestimated revenue. In 2008, revenue was overstated by $1 billion to justify more spending.The biennial budget has ballooned from $51 billion in 2002 to $77 billion today. In October 2008, Business Week magazine listed Virginia as one of “twenty states that can’t pay for themselves.” In December, the Kaine administration projected a $2.9 billion shortfall, which became a $3.7 billion shortfall. This is the fiscal mismanagement the Post endorsement recommends.
To read the rest of the post click here.
Filed under: Jim Gilmore, Jody "Financial Fantasyland" Wagner, Marky Mark
[...] do you spell Jody Wagner’s campaign theme? D-E-N-I-A-L The right-wing liberal So, Ms Wagner says we should reject Bill Bolling for challenging her pie-in-the-sky revenue [...]
It’s refreshing to see someone concisely dispel the myth that Jody Wagner is capable of either accurate or honest math. Shame on the Washington Post for a deceptive and dishonest endorsement.