You Got to Be Kidding Me!

Fairfax County’s Irrational Exuberance

Posted in Economics, Politics by Stacy McMahon on November 3, 2008

So the $77m parks and park facilities bond referendum passed, 68-32. Let’s see. We’re in a real live recession, complete with revenue shortfalls, rainy day fund withdrawals and negative economic growth last quarter, and the answer is to …rack up another huge debt for something that frankly isn’t critical. Brilliant!