It is my humble opinion that when the economy was sailing right along in the 1990s and until about 2007 or so states were spending money irresponsibly instead of saving some of it and preparing for an inevitable downturn.
The Michigan leaders in Lansing were talking even up to a few weeks ago about making cuts and creating more disclipline in Michigan. That was the talk until Obama's Stimulus plan passed the House.
Now Lansing, as per Granholm's State of the State, is changing its tune and trying to find out how they can spend this "new" money INSTEAD of making cuts -- which I think will create even more problems down the road.
So, my question I'd like to post today is: "Does Obama's Stimulus package encourage states to continue spending irresponsibly."