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This week on "The State of Ohio": A twist in the campaign for governor -the GOP goes after the Democratic governor for his Wall Street connections. A new report says the state spends hundreds of millions of dollars locking up low level offenders for sentences that are too short for rehabilitation, but long enough to give them time to learn from experienced criminals. There's a huge budget deficit on the horizon, but the Department of Education has requested nearly a billion dollars more money in the next budget. The state school superintendent explains.
And the 2010 Ohio State Fair is open, and it brings a colossal honor for a former chief executive - all this week in "The State of Ohio".
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| Cleveland economist and professor says he'll run for governor as a libertarian. |
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By Bill Cohen - August 12, 2005 |
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When Ohioans vote for a new governor next year, they will have more than just a Republican and Democrat to choose from. They will also have a Libertarian; someone who believes that taxes and government should be slashed. Bill Peirce is a professor emeritus at Case Western Reserve University, and the economics expert says he’s decided to take the plunge into politics because the people he calls “professional” politicians have messed up Ohio’s economy by letting government grow too big. Peirce figures all the negative publicity about statehouse scandals is attracting more voters to the Libertarian Party. Assuming his supporters gather at least 5,000 petition signatures, Bill Peirce’s name will be on the gubernatorial ballot, listed as an independent. The Libertarians would eventually like to wipe out the state income tax, Ohio’s new commercial activity tax and several other taxes. They contend many services and programs that the government offers are unnecessary, and if citizens could keep more of their own money instead of paying taxes to the government, everyone would be in better financial shape. |
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Bill Peirce with Bill Cohen (3:32) 
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