On Jim Westmoreland's Recommended 2015-2016 Budget

Jim is expecting Sales Tax revenues to rise $3,553,504

from $42,649,430 to $46,202,934,

even though consumer spending
is falling off a cliff.

Meanwhile; "Growth expectations have rolled over dramatically while at the same time valuations (P/Es) have continued to surge ever higher." = Fake Financial Markets

And Southern Consumer Comfort tanks;

http://greensboroperformingarts.blogspot.com/2015/05/hhhmmmmmm.html

And US Equity Decoupling

http://greensboroperformingarts.blogspot.com/2015/04/pay-no-attention.html

Jim is expecting User Fees/Charges/Licenses 

to rise $7,551,686

from $165,740,633 to $173,292,319, 

which includes higher water and sewer rates

while your City Council members tell you 

there isn't a tax increase.

And Value of Manufactures' New Orders for Consumer Goods Industries

http://greensboroperformingarts.blogspot.com/2015/04/value-of-manufactures-new-orders-for.html

While Credit Application Rejections Spike

http://greensboroperformingarts.blogspot.com/2015/04/no-big-thing.html

And Regional Manufacturing Surveys - Orders vs. Inventory Spread Sinks

http://hartzman.blogspot.com/2015/05/regional-manufacturing-surveys-orders.html

With Current "Levels Normally Associated With Recessions"

http://hartzman.blogspot.com/2015/04/levels-normally-associated-with.html

As China Non-Performing Loans Surge

http://hartzman.blogspot.com/2015/04/china-non-performing-loans-change.html

While Wall Street covers the real news up with bogus accounting

http://hartzman.blogspot.com/2015/04/pro-forma-addbacks-fake-earnings.html

As China Rail Freight, Year over Year, = Worse than 2008 - 2009

http://hartzman.blogspot.com/2015/03/china-rail-freight-year-over-year-worse.html

While Euro-zone multiples = Bubble

http://hartzman.blogspot.com/2015/03/euro-zone-multiples-bubble.html

All this right before the Fed's Janet Yellen

told everyone the stock market is overbought this past week,

which most ignored, 

as the Swiss, Japanese and other global central banks

purchase equity markets with pretend money.

Either Jim Westmoreland doesn't know and should, 

he is purposefully playing the electorate in an election year, 

or he is on Fantasy Island.