No, it’s not a positive ranking like John Calipari’s Kentucky Wildcats. It's the PEW Center on the States ranking of states in fiscal peril.
What it shows: Kentucky is one of the 15 states most at risk!
The ranking is based on several factors, including loss of state revenue, size of budget gaps, unemployment and foreclosure rates, poor money management practices and state laws governing passage of budgets.
What an opportunity for our legislators to jump Kentucky up in the rankings with a new budget session approaching.
Maybe we can hit the top 10 by growing the unfunded liabilities created by the very sweet health-and-pension packages for legislators and state workers, growing the size of the state workforce, building more new arenas around the state, not legislating our state's rights to slow crushing federal mandates, and hitting small businesses with more taxes.
Business as usual would accomplish much of this. Easy.
Just think of the budget gaps those proven practices could create.
Watch out, California. Kentucky's on the move!
1 comment:
Our legislators can excel here. Decisions based on self-interests, special interests, and pork should do it.
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