Math Problems at the WSJ

From an editorial today:

Taxpayer groups rightly object that the tax hike comes with no spending restraints. Arizona got into this crisis because during the boom years—2003 to 2007—then-Governor Janet Napolitano, a Democrat, and Republicans in the legislature let spending climb by more than 100% to $10 billion from $6.6 billion.

An increase from $6.6 billion to $10 billion is an increase of 51.5% which is just under 11% annualized over four years.

Posted by on May 17th, 2010 at 12:05 pm


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