Mr. Christie's budget stands as a stark example of how a fiscal conservative determined not to raise taxes grapples with the budget of a once-expansive, now-humbled state government in challenging economic times.
João Paulo Batalha, a Portuguese board member at Transparency International, cited the near-unraveling of the government of Prime Minister Pedro Passos Coelho in Lisbon last week as an example of how focusing solely on the fiscal aspect of his country's problems had led to the public frustration reflected in the survey.
It's the longest period of sustained growth in the past 200 years, he says, extolling the "British model" to other countries as an example of how to run an economy properly, with monetary and fiscal policy working together to achieve stability and growth.The country has certainly coped with the buffeting of the recent world slowdown better than many other economies.
Calling E-ZPass "a classic example of how the previous administration operated government," he said, "It was a poorly designed fiscal premise, entirely based upon false projections, that was incompetently administered to the public who was told of rosy and fantastical promises that at the end of the day generated a $400 million deficit".
Another vivid example of how the legislation manipulates revenues is the provision to have corporations deposit $8 billion in higher estimated tax payments in 2014, thereby meeting fiscal targets for the first five years.
The fiscal gouging that the office of Alan G. Hevesi, the city comptroller, received in the executive budget is just one example of how the mayor has tried to harm public officials who disagree with him.
The best example of how to behave is by example.
An example of how to make money?
"This is an example of how the city can work together with its labor partners in order to ensure public safety, to ensure fair treatment of our employees, and to ensure fiscal responsibility at the same time," Krekorian said.
