August 06, 2007

SC Lottery Falls Short

Gee, what a shocker. The lottery in South Carolina is now "short" money. So what's the solution? The same as the solution to each and every "problem" created by government: MORE government! Yay, government!

You see, in South Carolina, just like in North Carolina, and many, many other places, people were sold on the lottery by those who wanted cash claiming it was "for the children (TM)." These slimy hucksters, the vast majority of whom stood to personally financially profit from the lottery, kept telling people that the lottery would "help kids" and "help education." Now, in South Carolina, when the lottery isn't "generating" as much as they promised kids, they're stuck -- they don't have the cash they promised.

So what does government do? Spend more money. Last year they had to take $50 million from the general fund to pay for their promises that the lottery didn't produce. Next year projections put the expense at $80 million. Remember this, North Carolina -- it WILL happen here. This is the lottery that wasn't going to cost anyone ANYTHING -- and now taxpayers are DIRECTLY paying tens of millions a year in taxes to prop up the lottery in South Carolina.

Posted by: Ogre at 11:10 AM | No Comments | Add Comment
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