Governor Paterson's Speech

Governor Paterson just delivered his speech on the local television stations. I was a little nervous at first, it began as what could have turned into a typical liberal speech. I held my breath, hoping the Governor would not be calling for tax increases to beef up the state coffers.

Governor Paterson did not disappoint, in fact I yelled "Woo Hoo!" when he said he was calling for an emergency session of the state legislature and the legislators vacations were coming to an end. He went on to state that, like New Yorkers, the government will need to learn to get by with less and we need to cut up our credit cards!

One thing the Governor said that may give some of us pause is that the government needs to act. As history has shown, government action often makes fiscal problems worse.

It remains to be seen if the dysfunctional New York State Senate and Assembly will do anything to balance the budget. It doesn't fit with their "spending for votes" way of thinking. But the Governor is going to give it a go and he should get credit for that.

Washington, are you listening?

NY Governor David Paterson to speak about the economy.

It's been reported that Governor Paterson is expecting some tough fiscal times ahead here in NY and he plans to give a speech to address the issue. He reportedly plans to call for dramatic cuts in state spending.

It's starting to sound like the governor is a closet conservative, at least fiscally. The governor is going to be up against some pretty tough opposition to any cuts in spending and it shows guts that he's at least trying to do something to curb spending.

It would be nice if our local, state and federal governments had kept spending under control for the last century, but they have not. It's never too late to start, however, so good luck to Governor Paterson. Maybe President Bush can take a cue and veto the housing bill.