Conspicuous By Our Absence

The New York Times reports today that "Forty-two states reported higher than expected revenues this year, allowing lawmakers to set aside money for long-term projects, reduce taxes or set up a rainy day fund. " Not surprisingly and depressingly, Wisconsin is not one of the forty-two. We are conspicuous by our absence.

Wisconsin, the "progressive" state, has no extra cash, no rainy day fund, and a structural deficit.