Since taking office, Pennsylvania Gov. Today is the deadline. Corbett and a not-on-the-same-page legislature will have to hustle to agree on a new fiscal roadmap by midnight. Meanwhile, over in Trenton, discord also reigns at the deadline.
Democratic lawmakers have sent a spit-in-your-eye budget to Republican Gov. Chris Christie. Using the line-item veto, Christie will wield a heavy red-pencil on the spreadsheets the cranky Democrats have sent him.
But the budget fights on the banks of the Susquehanna and the Delaware are significant. They signal the end of an era. A political vogue has run its course and is collapsing in exhaustion. For a long time that pledge could be fulfilled by reliance on an unholy trinity: layoffs, gaming and gimmicks. But the jig is up. As job and GDP numbers demonstrate, all the layoffs and service cuts tend to harm growth, not fuel it.
Tax revenues lag as a result. Gaming has reached saturation levels, and the list of one-shot gimmicks is dwindling. The no-new-taxes pledge was always, if you think about it, nonsensical. That line has many logical flaws. But go with it for a minute. Have you ever known a business to promise its customers that it would NEVER, no matter the circumstances, no matter how much time passes, raise any of its prices? A fetish with consequences That way of doing business is good way to end up with a going out of business sign on the door.
Across the nation, the no-tax fetish has caused bridges to crumble, class sizes to swell, public health to decline, innovation to languish. These messes are more easily addressed than politicians hamstrung by no-tax pledges make them out to be. Voters are figuring that out. As a nonprofit organization, we rely on financial support from readers like you.
