James Surowiecki looks at how state governments are failing to stimulate the economy.
More: Check out this story from NPR about the precipitous decline in state revenues. And here's an eye-opening quotation to get you started: "'We're projecting shortfalls collectively &hellip in the next several years of more than $200 billion,' says West Virginia Gov. Joe Manchin, a Democrat, who said that figure is 'even with the assistance that we receive.'"