The Pew Center says our state is in a fiscal trouble. The Zero says it’s because of Tax Cutters. Hmmm…
Are the tax cutters the problem for overspending on PERS? Look at the numbers if you think the “tax cutters” are to blame for Oregon being ‘in peril.’
See that “all funds increase?” Yeah, we’re spending that much more over the last biennium. AND even if we don’t implement the HUGE tax increases, we’re still spending 5% more IN A RECESSION!
Biennium–Total All Funds All Funds Increase
2009-11—-$53,760,031.018—– 9.38%
2007-09—-$48,005,409,654—–13.72%
2005-07—-$43,220,555,200 —-11.56%
2003-05—-$38,743,009,114 —–9.11%
2001-03—-$35,508,990,712 —-16.57%
1999-01—-$30,462,319,439 —-11.55%
1997-99—-$27,308,692,023 —-17.62%
1995-97—-$23,218,655,377 —-15.85%
1993-95—-$20,042,060,862 —-12.18%
1991-93—-$17,866,757,268—–17.74%
1989-91—-$15,174,994,031 —-20.72%
1987-89—-$12,570,014,958 —–4.23%
1985-87—-$12,060,094,718 —-17.97%
1983-85—-$10,223,173,163 — 14.34%
1981-83—–$8,940,741,798 –(-10.88%)
1979-81—-$10,031,862,751 —-35.08%
1977-79—–$7,426,493,362 —-42.91%
1975-77—–$5,196,769,722 — 56.72%
1973-75—–$3,315,908,507 —-22.15%
1971-73—–$2,714,651,811 —-27.54%
1969-71—–$2,128,527,639 —-13.49%
1967-69—–$1,875,459,599
1965-67—–$1,411,920,395
1963-65—–$1,267,100,097
1961-63—–$1,067,822,805
1959-61——-$946,954,063
1957-59——-$718,552,984