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Alas, there apparently are no Plan Bs.
Perhaps we are more inclined, as critics of newspapers in general frequently allege, to see the glass as half empty, but the vast majority of things we are reading and seeing these days aren’t nearly as rosy as the platforms being constructed by our four gubernatorial candidates.
The mortgage crisis isn't waning. On the contrary, with millions of pay-option notes resetting over the next two or three years, we likely haven’t yet even reached the halfway point of housing’s travails, according to some economists. Job losses certainly haven’t slowed, and worse, show no signs of slowing. Consumers have battened down, business is stagnant, banks don t have money to lend and apparently wouldn t lend it even if they did. States are struggling with tumbling tax revenues.
Our own is wrestling with a budget shortfall in excess of $3 billion, perhaps, before all is said and done, $4 billion.
Yet to hear these chief executive wannabes, all will soon be well.
To a man. they are unwilling to discuss what they would do if all. instead, is ailing a year or two hence. Our guess is that politicians think that their looking on the dark side — even if it’s reality — doesn’t sit well with voters.
Perhaps they’re right.
Sadly, this is not the kind of leadership we need going forward. We’re likely not going to be back in high cotton a year or two down the road. Pretending' otherwise isn’t going to help it grow.
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