Serve the majority not the few

In the Sunday St. Petersburg Times two writings drew my attention. On the front page Double Dipping: Ire, but higher, by Times Senior Correspondent Lucy Morgan and in the Hernando Times section Guest column by C.D. Chamberlain, No Local preferences for contracts. Both deal with leadership decisions and their affects. Mr. Chamberlain addresses the issue from a psychological perspective, what is the intent of a policy, for whose benefit and at whose cost, where in economics we call it cost benefit analysis. The Double Dipping writing addresses the outcome of state policy making with a failed decision related to a cost benefit analysis.

 

Legislatures whether it is State or Local Governments continue to focus on the benefits for the few rather than the majority. We see this at the State Level when politicians, judges, administrators and anyone participating in the State Pension Fund are allowed to Double Dip because of a law written in 2001 by lawmakers, of which some are participating in this loophole. At the Local level in Hernando we see the same cronyism at its best in this new board of County Commissioners regarding Peck Sink. Favoritism for local firms would only be acceptable if that firm satisfied the three key factors in cost benefit analysis, or Social Return on Investment (SROI) something our local official should study when making future decisions. It is an approach to understanding and managing the impacts of a project, or a policy. It is based on stakeholders, the residents and all businesses not just real estate related, in Hernando County and puts financial values on the important impacts identified by stakeholders. The aim is to include the values of people that are often excluded from these decisions and not committees consisting of pre-selected campaign workers and political party supporters.

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