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In competitions in which they must build a bridge out of a certain number of toothpicks. contestants compete to see which can hold the most weight. you watch during the contest as more weight is added until crack. it breaks. what you notice is a bridge doesn t break everywhere at once. it tends to break in just one or two places, just where it s weakest. this is what happens when the force of austerity is applied to a state budget. in california the state s public university system, once the envy of the country and engine of upward social mobility for millions of middle and working class californians is probably facing another round of budget cuts and fee hikes as jerry brown looks to close a $28 billion budget gap. it already had to raise tuition last year by 32%. in texas conservative republicans recently. floated the idea of pulling out of the federal medicaid program, a move that would kick 2.6 million poor texans off health ....
A move that would kick 2.6 million poor texans off health insurance. in new jersey, chris christie recently seemed to hint to 60 minutes that the state may default on its pension obligations. if you don t partner with me to get this done, in ten years you won t have a pension. think about that. new jersey, like all states, owes money to creditors. some of the folks are wall street banks and investors who purchased its bonds. he isn t suggesting the state will ge fault on bonds but suggesting that when push comes to shove the state may walk away from commitment to retired workers in their old age. that s where the crack in the bridge is. as soon as a little pressure is applied public service retirees, poor people seeking health care and students find the weight placed on their slender frames. joining me is dean baker. ....
Republicans recently floated the idea of pulling out of the federal medicaid program, a move that would kick 2.6 million poor texans off health insurance. in new jersey, chris christie recently seemed to hint to 60 minutes that the state may default on its pension obligations. if you don t partner with me to get this done, in ten years you won t have a pension. think about that. new jersey, like all states, owes money to creditors. some of the folks are wall street, banks and investors who purchased its bonds. he isn t suggesting the state will ge fault on bonds but suggesting that when push comes to shove the state may walk away from commitment to retired workers in their old age. that s where the crack in the bridge is. as soon as a little pressure is applied, public service retirees, poor people seeking health care and students find the weight placed on their ....
Must build a bridge out of a certain number of toothpicks. contestants compete to see which can hold the most weight. you watch during the contest as more weight is added until crack. it breaks. what you notice is a bridge doesn t break everywhere at once. it tends to break in just one or two places, just where it s weakest. this is what happens when the force of austerity is applied to a state budget. in california the state s public university system, once the envy of the country and engine of upward social mobility for millions of middle and working class californians is probably facing another round of budget cuts and fee hikes as jerry brown looks to close a $28 billion budget gap. it already had to raise tuition last year by 32%. in texas conservative republicans recently. floated the idea of pulling out of the federal medicaid program, ....