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01/13/2010

Brunell Column: Control Spending to Boost Economy

In his Columbian column, AWB president Don Brunell writes that spending control is the key to handling the state's budget shortfall.

... the governor and state lawmakers should prioritize spending to focus on only the most vital programs. Is running liquor stores really a vital role for state government? In addition, lawmakers should contract out state services when private contractors can do the job for less.

He also reminds readers of a time-tested economic lesson.

Gov. Gregoire and lawmakers have a daunting task in the next 60 days, but they should remember a basic law of economics: Taxes are punitive; incentives are positive. If you want less of something, tax it. If you want more of something, provide incentives.

Read the whole thing.

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