4.6 • 1.2K Ratings
🗓️ 16 July 2025
⏱️ 39 minutes
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0:00.0 | Pat Sullivan here to remind you to stop putting screens on your gutters. Better to schedule a free estimate with the local experts at gutter helmet. So you stay off the ladder. Visit gutter helmetindy.com with gutter helmet, you'll never clean your gutters again. gutter helmetindy.com. Did you know at one point we had $6 billion in our reserves? We don't have that anymore. No, you know what they did? |
0:21.3 | What? |
0:21.6 | They spent it. |
0:22.2 | Yeah. |
0:22.9 | Why? |
0:22.5 | So that you couldn't get any of it back. No, 100%. Yeah. And they freely admitted, we are spending this money. Where'd they get it from? Well, some of it was printed. Oh, there you go. So people, so when Mitch Daniels became governor, one of the many fine things Mitch Daniels did. |
0:40.2 | And there are some things he did that we've been. Oh, there you go. So people, so when Mitch Daniels became governor, one of the many fine things Mitch Daniels did, |
0:46.5 | and there are some things he did that we've been pretty candid about, see stadium down the taxpayer-funded football stadium down the street from us. |
0:47.3 | We're not thrilled with. |
0:59.1 | But one of the fine things Mitch Daniels did is he said, if the government revenues reach a certain point, there's no reason for that much money to just sit collecting dust. Like we should have X amount to run the government. If we run it in an |
1:04.6 | efficient business-like manner, you need a certain amount in reserves. I believe the number |
1:09.5 | was $2 billion that they came up with. |
1:11.6 | And they said, because they're always like, well, we would only have enough to run the government for X amount of days. |
1:16.6 | On what planet, like can you imagine if you got down to, well, we only have enough to run the government for 30, |
1:23.6 | on what planet would you be in your reserves running the government for 30 days? |
1:32.7 | That means there's been some catastrophic event in which we're all going back to basically feudal times, you know, pulling things and I mean, there's way bigger problems than you will |
1:40.4 | never need 30 days of reserves to run the government. |
1:43.7 | But okay, that's the number we're going to pick. |
1:45.3 | Fine. |
1:45.9 | Seems reasonable. |
1:46.6 | I believe the number was $2 billion. |
1:48.0 | And then Mitch said everything on top of that. |
... |
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