[Libloather]

...cut spending - exactly what not to do when recovering from a recession.

Some folks just don't get it.

[cripplecreek]

I say go a step further. Accept less federal money.

[dfwgator]

Dire States (Deep in debt, most governors will have to either raise taxes or cut spending)

Money for nothing and your chicks for free.

[teletech]

In the race to the bottom, I think Illinois will win. (sigh)

[doodad]

I heard some politician here the other day make the statement that if revenues are down (and he stated they were due to the majority coming from income tax)that the only answer would be to raise sales tax.

They just don’t get it. How about not building anymore parks, rec centers, adult centers, stadiums, etc? Things that are nice but not necessary.

[skeeter]

By the very definition of insanity, they're nucking futs.

There is only one thing that can be done - and it ain't raising taaaxes.

[mewzilla]

I've got an idea where Cuomo can start here in NYS...

(New York) State put freeze on hiring, then added 51,464 people

Check out the price tag.

[ROLF of the HILL COUNTRY]

“Some states, such as ALASKA and TEXAS, had accumulated substantial rainy-day funds before the crisis,..”

Where WHAT kind of governing principles are used????

I guess we should be happy they mentioned the responsible states at all...

[Allegra]

Some states, such as Alaska and Texas, had accumulated substantial rainy-day funds before the crisis...

I grew up a military brat - all over the world. I had no roots, no hometown.

I chose my own hometown as a very young adult.

Once again, I am reminded that I chose well. :)

[Niteranger68]

Poor Megan has been educated way beyond her intelligence.

[Mr. K]

So according to Democraps there are two times where you gotta spend:
1) when you are in a recession
and
2) when you are not in a recession

[Lancey Howard]

This is a very fair, nicely written article.
Congratulations to Megan McArdle. Good work.