RightRunner Blog: Politicians should work on real problems
March 21, 2008 | Ohio, industry, positive media coverage, regulation, states | Comments (0)RightRunner writes, “I suppose some politicians would rather distract us with this type of thing [payday loans] instead of working on our real problems.”
RightRunner posts a great quote from the Buckeye Institute:
“The attacks on payday lending do not bear up under scrutiny. Instead of wasting time on this issue, legislators should focus on the real financial problems facing Ohio. These problems do not come from payday lenders – they come from the high taxes and high government spending that is dragging down the state economy. If they truly want to help financially-strapped Ohioans, the state’s outdated tax code is a much better target than a few businessman offering short-term loans.
Well said.
