The disconnect between government, at all levels, and the reality that has become the Greatest Recession America has ever seen is crystal clear. The national debt is growing at a staggering pace and is expected to top 15 Trillion by years end, entire states are bankrupt, and municipalities are expected to go into default on government bonds issued under the "Renew America Act."
For the lucky few out there who have lots of savings, you may weather the storm and be able to see the light at the end of the tunnel. While no one knows where the "end of the tunnel" is, there are some out there who already see the the light.
The issue of taxes, big government, and jobs will persist so long as we live in a bifurcated world where all levels of government tax without regard to the other. The notion of small tax increases is fine until those small increases, combined with others create an environment inhospitable to conduct business. The bankruptcy of Borders books this week is perhaps a reminder that things need to change if we are to stem the tide of economic decline in America and our state.
I hope those of you who read this today are able to make those decisions that ordinary job seekers cannot make for themselves, those decisions must be aimed at rebuilding the U.S. manufacturing base through tariffs and policies that help rather than hurt American wages and jobs.