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XOPINION

Ed Wood
"The Right Stuff"

Published Dec. 4, 2002

The devil is in the fine print

How often have we seen the admonition "The devil is in the fine print"? Well, it didn't take long for the fine print to start showing up in the recently approved lottery amendment to our State Constitution.

You faithful readers of these columns will recall that on several occasions I wrote in opposition to the lottery. I did not object on moral grounds, leaving that up to ministers and others more qualified than I. My objection was based on faulty accounting projections, and the misleading methods used to cover them over.

I lived in Georgia when their lottery bill was passed. I saw and heard the story used to make their scheme more palatable to potential voters. The same one used here; that the lottery will provide the necessary funds to furnish educational scholarships, and thus improve our children's chances for success in later life. A noble cause, no doubt.

Well, it hasn't worked out that way in Georgia, and isn't likely to work that way here either. Already the request has gone out to the Georgia General Assembly for general tax funds to supplement the lottery shortfall. And the same prospect arises here, even before our lottery program gets started!

Recently, the Kingsport Times News offered the following quotation from East Tennessee State University President Paul Stanton Jr.: "One thing to remember is that for every student, it costs approximately $8,000 a year to educate a full-time student. Their tuition, and what I would expect to be paid in a scholarship package, would be approximately $3,000. So that leaves $5,000 more per student that has to be appropriated to make it work. That, to date, has not been taken into consideration."

You want to read that again? The lottery revenue is expected to offer $3,000 scholarships, each of which will require an additional $5,000 supplement from general tax funds! And as Dr. Stanton observes, "That, to date, has not been taken into consideration."

Senator Cohn, and other lottery sponsors, didn't tell us for every $3 they spend, you will have to come with an additional $5. Imagine that. Overlooked, I guess.

Now does that help you understand why I have expressed such opposition to the lottery?

· · ·
Ed Wood is a resident of Sparta, TN. His column is published each Wednesday in the Crossville Chronicle.


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