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Tuesday, March 31, 2009

"Wrecking Ball of a Budget"

I love this phrase from the New York Post, from an editorial piece by Fred Dicker.

"The wrecking ball of a new state budget, approved in Kremlin-like secrecy by the troika, also ranks as one of the biggest betrayals in process and substance by a governor in New York history."


Read the whole story here.

NY has traditionally been one of the worst places in the country to do business. In just the past couple of decades excellent manufacturers of gloves and clothing have been forced out of business or hustled off to foreign lands by the tax, spend and hire your family, friends and neighbors mindset in state government. However, this budget and the secrecy involved in the budget process (the minority party was barred from discussion) set new standards in legislation. Too bad they are lower standards rather than higher. I read somewhere this morning that the budget is predicted to cost every tax paying family $5000 dollars in new taxes and fees. Now that is what I call sharing the pain.

4 comments:

  1. California is a close second, if not inching into first place. It too is a one party state.

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  2. Jan, this is going to be so ugly! I despair for the state and the nation these days. Where do they think the money comes from?

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  3. Pretty scary but we are stuck here. With this housing market we'd never sell and the kids are in their last 2 and 4 years respectively, of school.

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  4. WR, same story here. How do you tear up six or seven decades on the land and go somewhere to get away from the state government? We have thought about it though.

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