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Massachusetts Liberal

Observations on politics, the media and life in Massachusetts and beyond from the left side of the road.

Thursday, October 06, 2005

Mitt, you need a tune-up

Thanks to the Massachusetts Budget Policy Center (Facts at a Glance: September Tax Collections in Perspective - Will There Be a Surplus in FY 2006?) for its analysis showing that the billion dollar surplus that Mitt Romney claimed as proof that Massachusetts is "hitting on all cylinders" is a lovely rose-colored scenario based on projections three months into a 12-month year.

The cardinal tenet of GOP-onomics is cut first and if you are running for national office, let someone else clean up the mess. And memo to Mitt: don't try to blame just the Legislature for this maneuvering. You signed the budget -- and you certainly didn't make a big deal of the structural assumptions.


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