"The rich rules over the poor, And the borrower is servant to the lender." Proverbs 22:7
With Common Core blowing up in the news, let's remember why Texas still has a fighting chance to resist: in 2009/10, we didn't need the money.
Back in 2009, Texas had a budget surplus. We were one of the few states that didn't have to beg Washington. What a blessing that was in hindsight.
Texas didn't need the money.
Federal money ALWAYS comes with strings attached. Sometimes, it takes years for those strings to emerge, but they always do. A strong balance sheet has enabled Texas to practice financial abstinence.
TEXAS. DIDN'T. NEED. THE. MONEY.
A strong balance sheet allows states to resist all sorts of crap. Common Core in Texas is just the latest example. Abstinence begets freedom, a worthwhile reward for prudent financial stewardship.
Because Texas doesn't need Washington's blood money.
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