Thursday, October 14, 2010

A Look At Why Government Doesn't Work

Social Contract | This American Life

Act 1: Mister Fix-it. Covers the insanity that is New York State politics. One thing that surprised me (it shouldn't have) is that the states don't abide by Generally Accepted Accounting Principles. And they are all (or a lot) are playing games to "balance" their budgets on a single year. (Like selling their capital buildings and then leasing them back - generates some quick cash and signs up for an unending stream of payments.)

1 comment:

Zendo Deb said...

Act 2 is pretty good too. "come with me know to the 1990s [cue "Everybody Dance Now!"]