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A must-read from The New York Times: On the mat, Florida wonders which way is up

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A must-read from this weekend’s New York Times: Ever since the 1920s Florida has been cast as the place people go to escape contemplation, not to indulge in it. But in the past year, from Pensacola to Miami Beach, Floridians have been soul searching. And for good reason. The state’s decades-long binge on real estate has given way to empty homes in rich and poor neighborhoods alike. Hundreds of thousands of jobs have vanished, empty stores are everywhere and even…

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Sunday’s editorial pages

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St. Petersburg Times – Poor Stewards Of Our Money: “As St. Petersburg Times staff writer Bill Varian details in today’s Perspective, many local governments went on a binge when times were good, expanding their budgets, giving generous raises, building new facilities and hiring to staff them. And now that times are bad, the choices and the cutbacks are far worse than they would have been had governments been more fiscally circumspect. In the boom times, government failed to plan for…

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