On a day when an editorial in the venerable Chicago Tribune newspaper is making national news for pleading with Illinois lawmakers to clean up the state’s fiscal mess, it’s a good time for Florida to count its blessings.
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Right now, on the basis of its solvency in five separate categories, Florida ranks 4th among U.S. states for fiscal health, behind only Nebraska, South Dakota and Tennessee.
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Illinois, on the other hand, ranks 50th — dead last and apparently in real trouble.
To be sure, fiscal policy at the state level is only one measure of economic health. Economic regulations, personal safety, rights also matter. Local government activity has an impact as well. Several localities raised taxes to pay for increased teacher pay and more police. Unfortunately, higher pay does not equate higher student competency.
It is scary that a far-left candidate for governor lost his race by a few thousand votes out of millions cast. Even with a GOP legislature, the governor controls a vast bureaucracy with which to implement policy.
One thing on the docket is for state-level elected officials need to write the regulations on marijuana legalization.