“Think the Economy Is Bad? Wait Till the States Cut Back”
2nd June 2008
Of course, being the New York Times, he thinks this is a bad thing. Of course, being the New York Times, it doesn’t even cross his radar that continuing state spending at its current levels might be part of the problem.
Most of the “bad” in “bad economy” is because of government spending on top of stupid government energy decisions. But not, of course, to the New York Times.