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Advice for States, From a Moody's Analyst, on Preparing for the Next Recession

Most recessions, he said, are self-inflicted.

Governing caught up with Dan White, a senior economist for Moody's Analytics, at our Outlook conference at the National Press Club in Washington, D.C., this week. 

Most recessions, he said, are "self-inflicted," and "10 years is a long time for us to go without screwing something up."

So here's his advice for what state and local governments should be doing now to prepare for the inevitable downturn.



Caroline Cournoyer is GOVERNING's senior web editor.