Fiscal Restraint Remains Popular (at least among voters and those trying to get elected)
It is gratifying to see politicians continuing to embrace fiscal responsibility when they run for office, even while the politicians that occupy office behave in just the opposite fashion. One exhibit of this is Albuquerque Mayoral candidate Richard Romero’s article in today’s Albuquerque Journal. In the article he touts his fiscal responsibility with nuggets like: “All current operational budgets should be based on realistic revenue estimates and not influenced by an incumbent’s wish list of high-profile projects that we can’t afford,” and “Future operating costs should not exceed gross receipts tax revenues.” These are sentiments with which I think we can all agree and I hope that no matter who is elected to City Council and as Mayor, I hope they stick with them. All too often, candidates campaign on fiscal restraint only to govern as big-spenders.
I don’t have any firsthand knowledge of Richard Romero’s fiscal track record and whether his statements should be taken as indicators that he will not push the taxpayer-financed streetcar and arena projects, but it is gratifying to see that fiscal restraint is going to be front and center in the 2009 Albuquerque Mayor’s Race.