Commentary

Quote of the Week

Indiana Governor Mitch Daniels offers the quote of the week in a Wall Street Journal interview with Kimberly Strassel in Saturday’s edition. Responding to a question by Strassel on how he turned the $700 million deficit he inherited into a $1 billion surplus over this first term, Gov. Daniels answered:

How? “Well, prepared to be dazzled,” he says, with his trademark dry wit. “The answer is that we spent less money than we took in.”

The full WSJ article is available here (subscription required).

Leonard Gilroy is Senior Managing Director of the Pension Integrity Project at Reason Foundation, a nonprofit think tank advancing free minds and free markets. The Pension Integrity Project assists policymakers and other stakeholders in designing, analyzing and implementing public sector pension reforms.