Mar 18
THE MIDAS TOUCH #2 — The Morning After
2007 at 5:54 am | posted by Rep. Craig Frank 0 comments
This morning as I opened the paper there was an article from Davidson and Bernick in the D-News related to THE MIDAS TOUCH post for yesterday–kindda strange, huh?! Click HERE for D-News story.
In the story, “effective rates” of Legislators are noted in a chart. Let me explain that “efffective rates” don’t mean a thing. The numeber, or lack of numbers of bill files opened or abandoned by your Representative or Senator means nothing. Many times a bill file will be opened years in advance of its final passage–just ask former Rep. David Cox who ran a bill for seven years before its final iteration and passage. Or, how about the bill file I opened that I expect will pass next year in some form. Or, how about the bill file one of my colleagues opened and then closed because the content of his bill was rolled into another bill, which later passed.
Effective Rates are worthless.

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