Political Buzz

Talking WA politics.

NOTICE: Political Buzz has moved.

With the launch of our new website, we've moved Political Buzz.
Visit the new section.

Moody’s economist said states’ financial future is dark – but at least they have a future

Post by Peter Callaghan / The News Tribune on Feb. 4, 2010 at 9:42 am with 1 Comment »
February 4, 2010 9:42 am

Here’s a link to Governing Magazine’s blog that is reporting on the magazine’s own state government economic outlook conference.

Mark Zandi did provide a sliver of encouragement – on Feb. 11, 2011 the American economy will shift from recovery mode to a “self-sustaining expansion.” That’s 2011, not 2010.

But even then, state revenues will lag.

Leave a comment Comments → 1
  1. johnesherman says:

    The government outlook conference should take another look at the http://www.usdebtclock.org/ and it follows, just might not disagree, it’s not an upcoming “self-sustaining expansion” but a “self-sustaining implosion” from ‘Taxpayers’ tomorrow else bankruptcy near for Federal and many states governments are not self-sustaining by still employed ‘Taxpayers.”

We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part and abiding by these simple rules.

Follow the comments on this post with RSS 2.0