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The State of Maryland currently faces shortfalls in revenue predictions for both fiscal year 2017 and 2018. Tax revenues for FY2017 are expected to be about $16.6 billion which is down some $365 million from initial projections. Likewise, tax revenues for FY2018 are expected to be about $17.2 billion which is down some $418 million from initial projections.

Economics teaches us the more of a commodity we have, then usually the less valuable that commodity is to us – or as the economics professor used to say, “The demand curve slopes down.”

With that being said, if you couple that thought with the well-known maxim regarding opinions and their proliferation, then one must come to the logical and factual conclusion that opinions are worthless.

Edward Snowden didn’t get in trouble for releasing “opinions.” He got in trouble for being a whistle-blower regarding hard data – real information – you know “facts.”

Those facts are the coin of the realm and increasingly hard to come by.