Thursday, August 09, 2012
Local Fiscal Responsibility
We almost always focus on fiscal irresponsibility at the federal level. However, the problem is almost as bad for many cities and states (e.g. California). This article by Texas A&M San Antonio Prof. Dennis Elam discusses "The failed policies of poorly run (by Democrats) cities . . ." Although both parties have spend recklessly on the federal level, it appears to be the Democrats who are clearly most responsible at the state and local levels. Check out some of the other posts there. Also, check out Prof. Elam's site, esp if you are interested in some of the economic and business issues involved in our current political debates.