New York’s Fiscal Crisis

The New York Times has editorial critical of the high spending habits of New York state:

But Long Islanders have proudly embraced their ever-more-expensive schools for years, approving ever-higher budgets and ever-soaring official salaries. For years they have benefited from the powerful bloc voting of their Senate delegation. It’s ridiculous to think their schools can’t possibly tap rainy-day funds or find savings on an island where superintendents routinely make six figures, where some rich villages give students two identical textbooks — one for home and one for school — and where the sports and arts and video and language programs are the envy of the nation.

Great moments in public spending.