The Tsunami Effect of Bad Budgeting

Jason Murphey ThumbnailEarlier this year I wrote about one of the major factors which led state government's recent "day of fiscal reckoning." I described the decades of financial malfeasance by state officials such as their action of giving away retirement system benefits with no way to pay for them. I also described the subsequent reaction by the new generation of more austere-minded officials, who are trying t... Source post formerly/