In Sunday’s Columbus Dispatch, Strickland spokeswoman, Amanda Wurst, tried to rebut the astute analysis that Strickland’s education plan is not sustainable and his numbers are grossly miscalculated. So, her brilliant response: who knows what will happen to the economy down the road, “[w]e could very well see deflation in the next 10 years.”
Does this mean that the governor’s office is banking on a shrinking economy to reduce the costs of its education plan? Wouldn’t deflation also mean that with the reduced costs of his education plan, there would be a relative reduction in the state’s budget?
The last time we checked, deflation, or a general reduction in the economy, is considered a bad thing.
This is just another example of Strickland’s people showing their lack of understanding for basic economics and accounting?
