I’ll be on KUOW’s The Conversation today at around 1:30PM, talking about the most underreported news stories of the year.
My contribution? Well, it’s an underreported aspect of a heavily reported story: the long term structural revenue deficit at the heart of our state’s current $5 billion-plus budget shortfall.
Good economies mask the problem while bad economies, like our current one, merely exacerbate it. But no matter how you futz the numbers, long term tax revenues simply cannot keep pace with economic growth or growth in demand for public services. That’s a fact.
So what we’re getting by default is an ever shrinking government by the only metric that really matters, and we’re getting it without any public debate.