What Professor Dahmen doesn't realize is that Measure 97 funds will be spent on PERS payouts. There is no "social security lock box"; there is no special place where Oregon lottery money is held; and there will be no separate account for 97 revenues. If 97  brings in 3 gazillion clams, K-12 spending won't raise by 3 gazillion greenbacks; rather 3 gazillion bucks will get shifted to ODOT waste or lawyers fees, or PERS.