December 2009
3 posts
David: hey do you want anything from Dushanbe
me: yes
a small child
David: okay but it'll have to be carry on-size
me: baby's fine
David: k cool
Public borrowing and debt
Chris Edwards at the Cato Institute argues that governments should limit borrowing and get rid of state and local defined-benefit pension plans as a way of curbing corruption.
My (now) colleague John Reitmeyer of the Star-Ledger/Record Statehouse Bureau details the recent history of the use of debt in New Jersey, writing that the state has increased borrowing 700 percent over the past two...