"A government big enough to give you everything you want, is big enough to take away everything you have"
Thomas Jefferson

Friday, January 9, 2009

EJ McMahon On The Governor's Budget

The Journal News and LoHud editorial is pretty progressive, below is a taped interview the editorial board conducted with Manhattan Institute's EJ McMahon on the Governor's budget and the state's fiscal crisis.

The interview is fairly lengthy - 40 minutes - but if you are interested in your New York State it is worth the watch and very educational.

"Millionaires Tax" discussion is around the - 9 minute to the 17 minute mark

"No recovery" discussion happens at 26:30 minute. McMahon talks about the fact that Wall St has changed forever and a "recovery" to New York's fiscal situation is not likely to occur, essentially saying this is the new New York.

Here is the accompanying story, click here 

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