Tea Party Republicans Put Economy in Jeopardy

As you may know the Standard & Poor has lowered America’s long term rating from AAA to AA+. This has sent the world markets in turmoil and has put our local economy in jeopardy. Here is what S&P had to say regarding Tea Party Republican policies:
Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.
-Standard & Poor’s, Ratings on the Global Credit Portal, August 5, 2011

Why this matters to you?

Local Tea Party Republicans are running for the West Chester Area School Board and are proposing across the board cuts to education. This will have a disastrous effect on the quality of education within the West Chester Area School District. Moody’s currently rates the school district with a AAA bond rating. The Tea Party controlled school board has already decided to borrow funds from the general reserve that was meant for emergency uses only! Depletion of the general fund and a deterioration of the tax base, due to the real estate market, will have a negative impact on this rating and could lead to a downgrade. This will force to the school board to either cut educational programs, athletics, furlough teachers, or dramatically raise taxes. Not to mention that home values will fall dramatically. A loss of the AAA bond rating of the West Chester Area School District will have more of an impact locally than the downgraded rating of the United States. All politics is local.
We encourage you to GOOGLE school board members Sean Carpenter, Maria Pimley, Heidi Adsett, and Terri Clark. Parents should also GOOGLE current school board candidates Maureen Snook, Karen Miller, Vince Murphy, Galen Plona, and Linda Raileanu.