My column for the Washington County Daily News is online. Here’s a sample:
The decline in tax revenue is also cascading to all other levels of government. County, municipal, and school governments are also facing a future with a lot less money to spend. The gravy train has skidded off the rails. So far, the governor and local government leaders have done very little to restrain spending. Perhaps accustomed to having someone bail out their bad decisions, they have been very slow to act.
All this means that state and local governments will have to make some big, difficult, and necessary decisions in the coming months to bring spending in line with what the people can afford. Everything must be on the table including employee benefits, pensions, entire departments, buildings, staff for elected officials, the governor’s mansion, schools, universities, and, yes, entitlements.
When this must happen, government employees and beneficiaries are sure to forcefully object, but it must happen. There just isn’t enough money. Just like private businesses and citizens must adapt to the new normal of smaller economy, so must our government.