UNCG's Andrew Brod moderated a session last week at the National Association for Business Economics annual policy conference. This year's subject: "The New Normal? Policy Choices After the Great Recession."
Brod told me, "I got a rueful laugh during my opening remarks when I noted that
while the federal stimulus has done its work, it's been counteracted by
the states, which thanks to their balanced-budget requirements have
undertaken the equivalent of 46 or so anti-stimulus packages."
You want PDFs of sobering presentations? You got 'em.
"The state revenue nightmare continues."
"Myopic political and fiscal planning systems."
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