Michael Gracie » state government http://michaelgracie.com Clever Tagline Unavailable At Publication Time Tue, 02 Dec 2008 19:53:44 +0000 http://wordpress.org/?v=2.6 en Many States Are “In Recession” http://michaelgracie.com/2008/04/28/many-states-are-in-recession/ http://michaelgracie.com/2008/04/28/many-states-are-in-recession/#comments Mon, 28 Apr 2008 16:42:28 +0000 Michael Gracie http://michaelgracie.com/2008/04/28/many-states-are-in-recession/

Barry Ritholtz:

The chart above shows a steady deterioration in the balance sheets of the states and cities of the US since the late ’90’s.

Check out the chart…it sure does. One has to wonder why anyone was surprised when municipal bond auctions started failing.

]]> http://michaelgracie.com/2008/04/28/many-states-are-in-recession/feed/