“60 Minutes” On State Budget Problems

On Sunday, “60 Minutes” did a segment on state budget problems.  Both video and a transcript are available.

The segment is worth viewing, especially for those who lack familiarity with the issue.  While I don’t agree with some of its comments, it provides a good overview of the situation and some of the complexities involved.

I have written a few posts on the state budget issue.  I believe its severity lacks recognition.

A Special Note concerning our economic situation is found here

SPX at 1247.08 as this post is written