As I Hear the Bell Tolls

Abdullah earned a PhD degree in economics from Georgia State University and an MBA degree from Western Kentucky University. He travelled places in Europe, the Carribean, and the USA. His doctoral dissertation title was 'Impact of globalization on micro-determinants of industrial agglomeration: The case of U.S. manufactruing industries, 1988-2003'. His blogging interest includes current events analysis, globalization and its impact on sustainable development in regions and countries.

Wednesday, January 11, 2006

National Exchequer, Partisan Gain, and Money Talks

The State I live in (Georgia), it is an election year here. Today's all the local dailies headline focused on present state government's plan of incrasing the expenditure on education significatly ["a windfall increase"-as titled by a leading local newspaper (www.ajc.com)]. The teachers would get higher salaries, class sizes would be smaller, etc. etc.-bit priority of public finance the last year of the present govt. But then, the 'eternally cynnical' opposition smells of using natinoal exchequre for partisan gain in this move of increased spending in education. The opposition's point is: " for last three years, we have been always pushing for this increased spending in education agenda...and always heard back the same excuse...not enough money to increase education budget. But then, ,now, in the election year, where did the money come from?".
So, it seems that it is not only developing countries, where it seems to be a widely held practice that spend public money strategically (but more covertly) for partisan, electoral gain. Then, one can argue that, the voters give that 'right' to a government when they elect one. So, instead of far crying what opposition needs to do is focus on how to win the hearts (actually, ballots) of the voters. But, then, if voters are 'very loyal to their salts and grains' and, if they don't have x-ray eyes to penetrated the surface to public expenditure to find the truth beneath, then there may emerge a vicious cycle of one party's reelection over and over again.

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