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Politicians only have a few number of years to spend the public money. The more they spend the more they curry favor with a particular industry. The more favor they curry the more likely they'll land a cushy job after their time in office.
There is a balance though that can be easily hit… Texas and several other states have rainy day funds that a certain percentage of revenue from X goes to the fund. Texas uses oil/natural gas gas royalties
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Its not so easy since Texas is an exception not the rule.
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