By Andy Brack, editor and publisher | State governments suffer from a disease similar to traditional Wall Street investment: a focus on the near term.
South Carolina, despite its AAA credit rating, isn’t any different in this regard. Politicians, by their very nature, focus on the short term. They have to, in one sense, because they face voters every two or four years. So to get reelected, they either have to do something quickly -- in the short term -- or do little, which perpetuates a broken structure.
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