States Turning to Last Resorts in Budget Crisis - NYTimes.com
Not news to anyone here, but the discussion (and the chart) of how states are coping with their budget problems is very interesting.
As I asked in an earlier post, how might we account for the variation in approaches to the budget crisis? The chart shows how many states have tried different things, but obviously there is a lot of variation. Why?
And a second question, which states have been hardest hit and which have escaped relatively lightly. Why the variation? Is it all economic or are there political differences across the states that also affect how states have been affected?