Can you have a quote of the day if you never have a quote of the day on any other days? Well, anyhow:
"It's like paying down a huge amount on your credit card, yet on the same day you charged so much to the card that you actually owe more at the end of the day."
-Dr. Anthony Davies, professor of economixs at Duquesne University, explaining the state's debt to the Pennsylvania Independent. Now, a lot of businesses, governments and families run their operations by borrowing money and paying it back, then borrowing more. But that borrowing, and the debt service you have to pay on it, becomes a challenge when revenues slow down. Which is where Pennsylvania is now.