State is suffering from "structural deficit" and no longer generates enough for all services
By Walter C. Jones
Savannah Morning News
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August 23, 2010
ATLANTA - Georgians angered by teacher layoffs, state offices on furlough and jolting tuition increases should prepare for more than five years of the same, warns budget experts, because the state is in the clutches of a structural deficit.
Months after the economy entered recovery mode, state tax collections continued to fall. Only in the last two months have collections bottomed out and begun to rise.
A July report by Georgia State University put the term "structural deficit" on the tongues of legislators and state candidates. Slowly, voters across the state are hearing it, too.
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