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Tuesday, June 2, 2009

Magic money: Balancing the budget

The Union Leader pens a devastating critique of the Senate's budget, which comes up for consideration on the floor tomorrow:
In times of difficulty, people often turn to the world of fantasy. Superman appeared in 1938, two devastating world wars gave us J.R.R. Tolkein's "Lord of the Rings" trilogy and C.S. Lewis' "The Lion, The Witch, and the Wardrobe." The upheaval of the 1960s produced "Star Trek"; the malaise of the 1970s brought us "Star Wars"; and J.K. Rowling conceived of Harry Potter during the recession of the early 1990s. So during the current recession, perhaps Sen. D'Allesandro can be forgiven for giving us the escapism of slots-casino gambling, and the House for giving us estate and capital gains taxes that supposedly would bring no economic harm. Except that a state budget ought not be a work of fiction.

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