They’re pumping their chests over at the North Carolina Education Lottery. While most of state’s economy is mired in a prolonged recession, the Lottery has exceeded projections for the second year in a row. On Thursday, the lottery transferred $411 million to the public schools to be used for class-size reduction, pre-school education and college scholarships. Policymakers had been expecting the lottery to generate about $385 million in additional revenue.
The news should make me happy, right? Not when more people are playing loose with their hard-earned money when most can ill-afford it. It's not a good thing. Still, the state gladly takes the money and turns the other way; all in the name of "education".