by Max Brantley
Richard Weiss, state Finance and Administration director, tells Stephens Media the state is in a "good spot" as the fiscal year ends today.
Good is, yes, a relative term after cuts in the budget, unrealized revenue expectations, an administration-directed freeze of most university pay (which only mirrored freezes for most state employees), deferred maintenance at prisons to allow admission of a few more inmates from the long list qualified for a prison cell.
The big question is whether the upturn in revenue will ever arrive, or, alternately, what's the next bruising impact if it does not?
RELATED: At top of NY Times today is story saying that betting on private spending for a recovery — rather than some Keynesian government spending — is a risky bet.