Forum Editorial: North Dakota Can Handle Oil Slide

This would be risible, if it wasn’t so ludicrous. 🙁

 

Of course, there always will be Chicken Littles in the blogosphere and on talk radio who breathlessly wheeze that the state spends too much, taxes are too high, and state government has grown too big. It’s a litany of ideological claptrap from a cabal of no-nothings who have been reliably wrong since the state’s economic fortunes improved.

The reality is this: The governor and Legislature have been conservative stewards of the purse. Most of the state’s pressing needs have been funded. Reserves have been expanded a lot. The state is doing well, and is ready should that “rainy day” come.