Promising the moon - again

Does anyone really believe that if Meg Whitman gets elected governor she will magically scale back public pension and improve the schools? Or that Steve Poizner will cut income and sales taxes by 10 percent? Yet the airwaves are filled with this seasonal nonsense. Everybody else has failed and somehow you are going to save the day. From the Sacramento Bee:

What's clear is there are no easy solutions to breaking the gridlock and no ways around tough bipartisan negotiations, said Jack Citrin, director of the Institute of Governmental Studies at UC Berkeley. "The notion that one of these people can come in and wave a magic wand and make things different is just not a very serious possibility," Citrin said. "There are entrenched structural factors in the polarization of the parties, the revenue problem and the continuing drive on the part of lots of people and lots of interest groups to sustain expensive programs."

More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Letter from Down Under: Welcome to the Homogenocene
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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