WEBVTT 00:00.667 --> 00:02.635 align:left position:20% line:89% size:70% (crowd applauding) 00:02.635 --> 00:05.872 align:left position:20% line:83% size:70% - This is my 8th state of the state speech. 00:07.273 --> 00:10.243 align:left position:10% line:83% size:80% So in preparation for this, I went back and I read them: 00:11.611 --> 00:16.483 align:left position:10% line:83% size:80% tedious, sometimes sobering, and a challenge to do better. 00:17.584 --> 00:21.087 align:left position:20% line:83% size:70% So with that prospect in mind, I continue. 00:22.422 --> 00:26.026 align:left position:10% line:83% size:80% - It's unusual to have a chance to be in this office 00:26.026 --> 00:29.763 align:left position:20% line:83% size:70% and then 28 years later, come back and do 00:29.763 --> 00:31.664 align:left position:10% line:89% size:80% essentially the same function 00:31.664 --> 00:34.234 align:left position:10% line:89% size:80% but in a very different context. 00:34.234 --> 00:36.069 align:left position:10% line:89% size:80% The problem when I came back 00:36.069 --> 00:39.372 align:left position:20% line:83% size:70% was much clearer, much more focused. 00:45.011 --> 00:46.746 align:left position:30% line:89% size:60% Good afternoon. 00:46.746 --> 00:48.381 align:left position:20% line:83% size:70% Good to see you. It's been a while. 00:48.381 --> 00:49.849 align:left position:20% line:83% size:70% - [Questioner] How was Southwest? 00:49.849 --> 00:53.019 align:left position:20% line:83% size:70% - Southwest was good. It was a bumpy landing. 00:53.019 --> 00:57.190 align:left position:10% line:83% size:80% And that may be emblematic of where we are today. 00:58.625 --> 01:01.494 align:left position:10% line:83% size:80% We're in for a bit of a bumpy ride because the spending 01:01.494 --> 01:06.332 align:left position:20% line:83% size:70% by the state exceeds, by 16 billion, 01:06.332 --> 01:09.135 align:left position:20% line:83% size:70% the revenue that we expect to come in. 01:09.135 --> 01:11.337 align:left position:20% line:83% size:70% But even though that's a big problem, 01:11.337 --> 01:12.772 align:left position:20% line:89% size:70% we've got a big answer. 01:12.772 --> 01:15.375 align:left position:10% line:83% size:80% - And I think one of the things that made him so effective 01:15.375 --> 01:19.112 align:left position:10% line:83% size:80% in his second tour as governor was that he remained 01:19.112 --> 01:23.683 align:left position:10% line:83% size:80% what he'd always been, the un-politician's politician. 01:23.683 --> 01:27.520 align:left position:20% line:83% size:70% And that persona was A, authentic to him, 01:27.520 --> 01:30.323 align:left position:10% line:83% size:80% and B, had come to seem like something very precious 01:30.323 --> 01:33.226 align:left position:10% line:83% size:80% in American life, and people reacted very well to that. 01:33.226 --> 01:37.397 align:left position:20% line:83% size:70% - 17 is not four. 19 is not eight. 01:37.397 --> 01:40.433 align:left position:20% line:83% size:70% And 21 is not seven. That is real. 01:40.433 --> 01:42.669 align:left position:20% line:83% size:70% That's real. That's stuff we're not doing. 01:42.669 --> 01:45.438 align:left position:20% line:83% size:70% Now we're gonna wipe out that with more cuts 01:45.438 --> 01:47.006 align:left position:10% line:89% size:80% and the taxes, that's the plan. 01:47.006 --> 01:48.808 align:left position:10% line:89% size:80% Now, is it hard to believe 01:48.808 --> 01:50.310 align:left position:20% line:83% size:70% that government is telling you the truth? 01:50.310 --> 01:53.847 align:left position:20% line:83% size:70% Well, look, I've been here a long time. 01:53.847 --> 01:55.815 align:left position:10% line:89% size:80% I know what the hell I'm doing. 01:55.815 --> 01:57.984 align:left position:20% line:83% size:70% I'm a truthful guy. This is the way it is. 01:57.984 --> 02:00.353 align:left position:20% line:83% size:70% If anybody has a better idea, I'll take it. 02:01.087 --> 02:03.890 align:left position:30% line:89% size:60% (dramatic music)