Monday, February 21, 2011

Man Bites Dog!

Here is a story that I thought I would never see:

"Democratic Gov. Andrew Cuomo has urged business groups to counter union efforts to defeat his budget, which cuts spending by $3.7 billion."

I was shocked, shocked when I saw this report in the Wall Street Journal. There actually are big state Democrats (New York - Cuomo) who want to get their budget under control and are willing to buck the public employee unions! Perhaps progress is beginning to be made after all. But then there's Oregon.

The same article also notes that Oregon public employee unions spearheaded the pro-Measures 66-67 push that was designed to avoid budget cuts, contributing 75% of the campaign funds. They were successful but soon found out that revenues were only about half of what was expected. Amazingly enough companies and higher income individuals knew that they were not welcome and left. Kitzhaber's new budget is 8% higher than the last biennium, so he apparently hasn't got religion like Cuomo. It remains to be seen if Oregon too will have to really bite the bullet or we keep adding taxes and more and more people and businesses move out of state.

The Wall Street Journal article is a good review of states who are starting to get serious, led by New Jersey and Wisconsin. It cannot happen soon enough for the economic viability of this country.

online.wsj.com/article/SB10001424052748703293204576105760131773034.html?mod=WSJ_Opinion_LEADTop

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