Learning from History

MGM gaming chief Terri Lanni appeared on Jon Ralston’s Face-to-Face television program this week and had this to say:

“I supported Jim Gibbons. I continue to support him. I don’t agree with everything Jim believes in. I think a pledge of no new taxes is a major mistake. We saw a former president do that, and it certainly had an effect on his re-election campaign.”

Um, not exactly. What Mr. Lanni is referring to is President George H.W. Bush famously declaring “Read my lips; no new taxes,” and then infamously breaking that pledge.

It wasn’t the pledge which cost the former president his second term; it was listening to folks such as Mr. Lanni who convinced him to break his word. A lesson I’m sure Gov. Gibbons learned well and remembers to this day. At least, I hope so.

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