NYTIMES/ PAUL KRUGMAN OPINION/
Texas may have a huge deficit in the next 2 years of, gulp!, ...$25 BILLION.
But its easily duped citizens recently re-elected the teflon, good hair, wannabe Tea Partier Governor Rick Perry. Perry has also wants the U.S. to invade Mexico to eliminate the narco terrorists.
NYT: "Wasn’t Texas supposed to be thriving even as the rest of America suffered? Didn’t its governor declare, during his re-election campaign, that “we have billions in surplus”? Yes, it was, and yes, he did. But reality has now intruded, in the form of a deficit expected to run as high as $25 billion over the next two years."
AND :"...just the other day Texas was being touted as a role model (and still is by commentators who haven’t been keeping up with the news). It was the state the recession supposedly passed by, thanks to its low taxes and business-friendly policies. Its governor boasted that its budget was in good shape thanks to his “tough conservative decisions.”
Popular Posts
- RUSSIA : Putin Now Playing Corruption Slayer Card.
- MEXICO : To Fend Off Brutal Zetas Narcos...Torreon Ponders Deal With Sinaloa Gang; Zetas Still Control Coal Rich Coahuila State.
- EU / FRANCE / UK : Paris Continues Nastiness Over Cameron Euro Balk...Demanding That London Be Downgraded First!
- ITALY / EUROZONE : New Greek Crisis Delays Berlusconi's Love Songs CD Release.
- VENEZUELA / ARGENTINA : Hugo Paints Nestor...For Cristina; Chavez Hosts CELAC Summit...Without USA, Canada.
- USA / HOUSING/ MEDIA : Is Bloomberg/Businessweek Cover...Racist?
- VENEZUELA : Bitter Election Aftermath For Opposition; Zulia Man Kills 6 After Losing Bet On Capriles.
- VENEZUELA : 09 Feb UPDATE: Caracas Finally Devalues Bolivar...By 32%.
- GEORGIA : 2 MPs Slug It Out...On Live TV.
- RUSSIA: Anti-Corruption Blogger Alexei Navalny Emerges As Putin Party Challenger; Another Protest In 'Putin Snow Revolt.'