The Washington Post, May 9th, 1994
IT'S A TRUISM that's also true: When the economy improves, all sorts of political indicators also improve. That is the central lesson of this year's Fiscal Survey of the States, a document published annually by the nation's governors and state budget officers. It's not that the states are suddenly in clover; their budgets continue to be taut. But it's a better year to be a governor than many in the recent past. With the economic upswing, revenues to state governments are increasing. As a result, the report notes, some governors are even proposing tax cuts as well as offering state employees pa...
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