To hear the talk from Tallahassee, Florida need do nothing differently to weather the worst economic crisis since the Great Depression. Gov. Charlie Crist's suggestions for dealing with a $2.3-billion shortfall during next month's two-week special session are the same old ideas that are neither bold nor visionary. He proposes cutting state agency spending across the board, draining state savings accounts, borrowing money to build facilities in lieu of paying in cash and ratifying the controversial gambling pact with the Seminole Indian tribe. Such a short-term strategy digs an even deeper budget hole for next year. There is a better way, and it involves raising some additional revenue.
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