"We continue to believe that below-average economic performance and a high reliance on nonrecurring measures to balance the current budget will make the return to structural balance more challenging."Those were the words of Standard & Poor's credit analyst Robin Prunty when discussing Ohio's situation and their reasoning for the State's lowered credit rating.
It's easy to focus on the "below-average economic performance" aspect of the comment. After all, it's the number 1 issue in every Ohioan's mind when considering the state of the State.
But the most frightening aspect is the "high reliance on nonrecurring measures to balance the current budget". In other words, our next budget is going to be fubar.
So, with that in mind, who do you think Ohioans will want in charge?
The man who put us in this perilous situation to begin with, or the guy who served as the chief architect of a federal balanced budget?
The answer is clear.