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Future Fund Great Idea, But...

August 10, 2013

Most West Virginians have had the importance of putting some of our earnings into savings accounts drilled into our heads. If we wanted that new bicycle, mom and dad said, we needed to save up for it....

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LizardKing

Aug-19-13 7:56 AM

This is what happens when one regards windfalls as actual earned income which will be available indefinitely. It's called thinking no further ahead than the end of your nose.

The same mistake is being made with revenue from gambling. From the outset, virtually all of that revenue should have been diverted or set aside to help the state remedy the damage caused by poor natural resource management. As long as the state remains a slave to fossil fuels the general decline will continue.

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jawncrw

Aug-12-13 10:05 AM

Why would you save up for several years for "things like tax breaks to bring job-creating businesses to West Virginia"? Why not create jobs as that excess money is flowing in?

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