This is a slow motion train wreck of epic proportions. And at some point soon the horror of it is going to become very, very acute.
Friday, June 12, 2009
What we're seeing in Kal-ee-for-nee-ya (As their Governor would say) is the Republican "Starve the Beast" strategy in action. The idea is to reduce te inflow into government coffers (i.e. taxes) and to then get citizens to accept less in goverment services. It's working pretty well, if of course, you accept the idea that making the government spend less is a good idea all by itself and that people don't have any real need for government spending.