Ohio Law

News and Announcements from the Supreme Court of Ohio and Other Governmental Entities Within the Buckeye State.

Tuesday, November 01, 2005

State Issue 1 Earns One Endorsement, One Blast

Ohio's State Issue 1, also known as "Jobs for Ohio," earned a late endorsement from the Ohio Hospital Association. The statement, released on October 28, states that the issue will create jobs and expand research in areas such as biomedical studies, help local government improve its public infrastructure, expand Ohio’s research capabilities, prepare economic development sites and facilities in Ohio, enhance educational opportunities and improve Ohio’s business climate.

The blast comes from The Buckeye Institute, and was posted on October 27th. Profesor Robert A. Lawson, the George H. Moor Chair of Business and Economics at Capital University, states within his article that voters should know the facts before saddling the state and its citizens with $2 billion of debt. He rebuts the claim that Issue 1 would not raise taxes, calling it disingenuous at best. He states that every single dollar of the $2 billion in bonds has to be paid back by taxpayers with interest totaling about $600 million (italics in original), and that (cliche alert on) there is no such thing as a free lunch.

Issue 1 is important for the state, regardless of whether you are for it or against it. The advice from here is to read as much as you can before next Tuesday so that an informed decision can be made at the booth.

Later

0 Comments:

Post a Comment

<< Home