- Highlights
- Full Text
[0:00] ..." This is Lisa Meyer in the WBZ newsroom we're talking with former Massachusetts governor William Weld about the recently enacted sales tax increase. And what he would have done had he to deal than holding office."...
[0:45] ..." you have advocated further cuts in state programs as opposed to the sales tax --"...
[1:20] ..." more what I took office at the beginning of 1991 of our unemployment rate screaming -- and sent. So. -- And equally bad economic -- I'm because it was equally bad I think they've ruled that scared them. The legislature fortunately it was so -- went to his belt tightening that in clustered times. My articles through but it's certainly proved to be. The right thing to do economically because Massachusetts led the northeast and the country. Out of that recession an 1994. We've gone from having the highest unemployment rate. Of the top twelve industrial states to the lowest unemployment rate of the topped -- those states and that happens it just. A couple of years from 91 before."...
[0:00]" This is Lisa Meyer in the WBZ newsroom we're talking with former Massachusetts governor William Weld about the recently enacted sales tax increase. And what he would have done had he to deal than holding office."
[0:12]" Well you know -- it. My view warehouse and office was don't ever go to the world raising taxes in the down economy. Because they're gonna make the situation worse terms of job so. I hope it's the last time but certainly would not acknowledged that one has to go there. You know the the only way to cut spending is to cut spending and it's no day at the -- of his favorite thing to do but in a down economy better course."
[0:45]" Would you have advocated further cuts in state programs as opposed to the sales tax --"
[0:49]" Absolutely absolutely. -- sales taxes -- aggressive so. I would have been the -- are supposed to indymac."
[0:59]" I know that a lot of people seem to think that that all of a sudden this this difficulty economically sprung upon us and in September October of last year but he could it was predictable. By an armed by the treasurer by the governor."
[1:14]" Well I don't know I just remember. 19109911992. In Massachusetts some more what I took office at the beginning of 1991 of our unemployment rate screaming -- and sent. So. -- And equally bad economic -- I'm because it was equally bad I think they've ruled that scared them. The legislature fortunately it was so -- went to his belt tightening that in clustered times. My articles through but it's certainly proved to be. The right thing to do economically because Massachusetts led the northeast and the country. Out of that recession an 1994. We've gone from having the highest unemployment rate. Of the top twelve industrial states to the lowest unemployment rate of the topped -- those states and that happens it just. A couple of years from 91 before."
[2:08]" Well drawing a parallel to the current time do you think that the state is well positioned to -- in that once again when things start to turn around. Or do you see certain weaknesses certain holes and in in in this scenario."
[2:20]" Well you know my number one issue was over its next policy. Only ever favor raise taxes anything forwards."
Del.icio.us
Digg
Reddit
