October Taxpayers Association Newsletter

This month’s edition features a column by Association President Howard Stephenson predicting a future of difficult education budgets due to Utah’s changing demographics. 

Writes Stephenson:

What does Utah’s steadily increasing dependency ratio mean today? We can’t realistically hope to spend greater and greater proportions of Gross State Product on education and other social programs. By 2030 we’ll have more children whose education we’ll need to pay for, and more senior citizens, whose tax-funded programs must be paid for. 

Assuming that current demographic projections are reasonably accurate, this steadily increasing dependency ratio means the sustainable education and social solutions must become more efficient, and we must do more with less. That is not a pleasant prospect, but ignoring these trends at the state level will create the same political and economic quagmires that have paralyzed the federal government.