Chart of the Day: State Budget Gaps 2010

By Edward Harrison On Jan 19, 2010

This is not just about California. Come Summer 2010, the most severe gaps will be closed via budget cuts or tax increases unless the Federal Government can pull a rabbit out of the hat.

Source

Policies for Increasing Economic Growth and Employment in 2010 and 2011 – CBO

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

Stephen Colbert: The Word – Honor Bound

Links: 2010-01-19

11 Comments

bitmaster20 says 15 years ago

Bigger image

https://i.imgur.com/YdWM2.png
David Smith says 15 years ago

It’s very interesting, and a jumping off point for many other discussions.

Other commenters note the tendency of the bluest states to have some of the biggest budget gaps — CA, NY, NJ, VT, and IL. But two of the three red states that find themselves in the most distress — NV and AZ — also happen to be the states with the highest rate of growth in government employment between 1990 and 2009.

This is something I have worked on over at the-grayling.com.

(Linked to viewsflow.com also)

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