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Christie says, "We all must share the pain"

by: lfurman

Mon Mar 22, 2010 at 01:50:56 PM EDT



The Honorable Governor Chris Christie says, "we must share the pain." He wants to cut $850 Million from the state education budget. He needs to do this to support a tax cut of $900 Million to people who make over $400,000 per year.

What pain is he asking the poor suffering masses who make over $400,000 per year to share? The pain of sunburn from a few extra days at the beach on the French Riveria? A few more days jetlagged? An additional hangover?

But Christie's priorities don't  surprise me. He is a Republican. His economic policies are the same failed economic policies of Hoover, Reagan, and George W. Bush. We need to listen to Keynes, Daly, Stiglitz, and Krugman.

lfurman :: Christie says, "We all must share the pain"
Hoover and his economic advisors said "The Depression can't be happening. The data doesn't fit the theory."  Keynes said "If the data don't fit the theory, the theory is wrong. ... Here's what we have to do: The government must create jobs."

That's exactly what Obama must do, and what Christie must do. Christie is doing the opposite: Eliminating jobs.

Certainly he must eliminate corruption. He should eliminate double dipping. But he shouldn't be firing teachers.

How will our children compete against the Chinese and Indians in 10 or 20 years? How can we compete against them tomorrow?

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