A Free Enterprise System Cannot Co-Exist with A Centrally Managed Economy
The Middle Class Is The Back Bone Of A Free Enterprise System. It's Growth or Decline is the Measure of Public Benefit and Detriment
- Data on the size and growth of the middle class is missing.
- The data provided is an aggregate figure for personal income and a figure for the poverty rate.
- Comparison figures over time only go back only as far as the previous year.
- No mention of adjustments for inflation.
1~to be created as a body corporate and politic to have full powers to borrow money and to issue its bonds and notes to make funds available through the facilities of the instrumentality at reduced rates and on more favorable terms for borrowing by such governmental units through the instrumentality's purchase of the bonds or notes of the governmental units in fully marketable form; and [1987, c. 737, Pt. A, §2 (NEW); 1987, c. 737, Pt. C, §106(NEW); 1989, c. 6, (AMD); 1989, c. 9, §2 (AMD); 1989, c. 104, Pt. C, §§8, 10 (AMD).](emphasis mine)
Question: Is this saying what it looks like it is saying? That the Municipal Bond Bank- as a complete and independent authority does not need to obtain taxpayer and legislative authority? See 1951 Most recent Maine State Borrowing Power Constitutional Amendment (#8)