Strickland Says "Depression" Possible
Governor Strickland says the state's current recession could worsen to a depression without federal assistance.
To underscore the state's need for a federal loan, Strickland asked agency directors to figure out what their departments would look like with 25 percent less money. The Department of Education said per pupil spending would have to be slashed.
But David Hansen of the Buckeye Institute suggests cutting the entire department since, he notes, the Department of Education does not educate any students.
To avoid 25% cuts, Gov. Strickland is holding out for better than expected state revenues and help from the federal government.