Seeding the clouds for the perfect storm : a commentary on the current fiscal crisis
By: COX III, Raymond W
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ArticlePublisher: Georgia : Carl Vinson Institute of Governments of the University of Georgia, 2009State and Local Government Review 41, 3, p. 216-222Abstract: The fragile equilibrium of the intergovernmental system has collapsed. Thirty years of doing more with less has left little capacity to keep up with the demand for service. What should concern us all is that there is no sense of need to reform the system. The most important fiscal crisis of the 20th century radically remade fiscal relations among all levels of government. The first great fiscal crisis of the 21st century has produced little sense of long-term peril but rather a belief that the sooner we get back to the "way it was", the better.
The fragile equilibrium of the intergovernmental system has collapsed. Thirty years of doing more with less has left little capacity to keep up with the demand for service. What should concern us all is that there is no sense of need to reform the system. The most important fiscal crisis of the 20th century radically remade fiscal relations among all levels of government. The first great fiscal crisis of the 21st century has produced little sense of long-term peril but rather a belief that the sooner we get back to the "way it was", the better.
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