Cato has just released its annual report card on the nation’s governors based on their fiscal performance You can read it here.
They give Mike Easley a C. I’d say it appears that grade inflation has spread even to Cato. If raising taxes repeatedly and increasing state spending in the face of huge deficits warrants a C (which used to mean “average”) does that mean that being a spendthrift who can’t say “No” is now the norm for governors?
