Alex's Outlook

Monday, June 23, 2003

USA Today has an excellent article about state spending growth. As expected, the National Governors' Association whining that this is "the worst economy since the Great Depression" is just a smokescreen for governors' insane spending hikes during the boom, and now that the economy has weakened and tax revenues have fallen somewhat governors are unwilling to atone for their late-90's extravagance. The article also shows that Democrats have been much more effective at controlling spending during this latest cycle and Republicans have generally been the tax-hikers to stave off budget cuts. (California and Illinois, two Democratic bastions, are still among the worst performers, and Texas has a high rank and is a one-party Republican state.) Despite hyped layoffs of cops and firemen, states have added 74,000 employees to the public payroll in the last two years.

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