Donald Hank writes:
This is in large part a result of the government squandering money and then coming up short at bill paying time. New York recently cut the salaries of state employees.
NY cuts pensions:
One of our part time neighbors is an Obama fan who recently had her salary cut in NY, despite union protests. She still likes Obama just fine. You see none of this has anything to do with Obama's Keynesian 'stimulus' to loser green compnies or with Obamacare discouraging employers from hiring.