A video of the remarks yesterday about the upcoming session by the - TopicsExpress

A video of the remarks yesterday about the upcoming session by the Senate President and Speaker of the House. Strikingly, both said during their remarks that they werent economists then went ahead to talk about economic policy. So, here is an economists view (from ISERs release this week of Scott Goldsmiths latest analysis): the state deficit is a structural problem—petroleum revenues can’t continue to grow at the same rate as population and inflation. The deficit is not a cash flow problem that will cure itself if the state uses a wait and see fiscal strategy. ow.ly/Hrap4

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