These are tough times for state governments. Huge deficits loom almost everywhere, from California to New York, from New Jersey to Texas.
Wait—Texas? Wasn't Texas supposed to be thriving even as the rest of America suffered? Didn't its governor declare, during his re-election campaign, that 'we have billions in surplus'? Yes, it was, and yes, he did. But reality has now intruded, in the form of a deficit expected to run as high as $25 billion over the next two years.
And that reality has implications for the nation as a whole. For Texas is where the modern conservative theory of budgeting—the belief that you should never raise taxes under any circumstances, that you can always balance the budget by cutting wasteful spending—has been implemented most completely. If the theory can't make it there, it can't make it anywhere.
Stichwörter: politics economics united-states new-york taxes california deficit-spending texas new-jersey 2010 2011 balanced-budget budgets economy-of-california economy-of-new-jersey economy-of-new-york economy-of-texas economy-of-the-united-states financial-crisis-of-2007-2011 governor-of-texas rick-perry state-governments-of-the-us texas-elections-2010 united-states-elections-2010
It's not odd these days to hear politicians trumpeting their own authenticity, a claim that an earlier day would have considered self-cancelling. But when Michelle Bachman, Rick Perry, and Rick Santorum say "I'm authentic," they're not evoking the shade of Neal Cassady. (102)
Geoffrey NunbergStichwörter: authenticity rick-perry rick-santorum michelle-bachman neal-cassady
Last week, I suggested the candidates take up mushrooms. I’ll be damned if Rick Perry didn’t take me up on that.
Bill MaherStichwörter: humor politics television politicians rick-perry drug-use bill-maher real-time-with-bill-maher
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