Word: jeb
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...Jeb Bush has got a tough job. The governor runs a state that's been hit particularly hard hit by economic troubles since September 11th. Florida's tourism industry brings in $50 billion a year, but since 9/11, arrivals at Miami International Airport are down 26%. Unemployment is up to 5.7%. And Bush had to convene two legislative special sessions to keep the budget balanced. All that, plus he faces a reelection campaign this fall. If only he had an easy job like his brother, the President of the United States...
...older brother George W.'s job isn't easy either. But he does have one advantage Jeb would love: He doesn't have to budge on taxes. This month the President told Democrats they would freeze his tax cuts "not over my dead body," (we'll just ignore that creative syntax). But last month Jeb had to delay $128 million dollars in tax relief. Both Florida and the nation are facing tough economic times and shrinking tax revenues. But while state governments have to balance their books, the feds can get away with deficit spending, at least for a while...
...Jeb didn't freeze his tax cut lightly. He spent much of his first term making generous reductions, though nothing like the $1.6 trillion break his brother enacted. But after 9/11, Florida had a $1.3 billion hole in its $20.3 billion budget. Bush and the legislature made a series of painful cuts in services, including a $591 million slash to public education...
...Florida is one of a small handful of states that still relies on sales taxes for its money instead of an income tax. When your leading industry is tourism, those sale taxes can be generous, but in hard times, they dry up even faster than other taxes. So Jeb had no choice but to save $128 million by delaying the tax cut for a year. Not an easy choice to make with an election coming up, but Bush has had solid approval ratings for most of his term. And he's not alone: Republican governors in New York, Michigan...
...hopes for getting with righteous babe Virginia C. Macleod ’04 dashed after she confessed to a crush on Al Gore III ’05. Said Kubisch bitterly, “This is worse than the time I was cockblocked by Jeb Bush...