It’s amazing that ten weeks have passed without Kentucky’s mainstream media even mentioning the reporting of Kentucky Affordable Prepaid Tuition’s $35.7 million actuarial shortfall for 2008.
If we had government transparency, we wouldn’t need to depend on the Lexington Herald Leader and the Louisville Courier Journal to report on failed, well-intentioned state programs.
And if our politicians had an incentive to think through ponzi schemes like KAPT rather than just signing taxpayers up for another ride because it sounds good, we would save a lot of money.
Thanks for reading the Bluegrass Policy Blog in 2008. Please resolve to inspire those close to you to pay attention to the issues in 2009. We are going to need many more people tuned in fast if we are going to hope to turn things around here.