by Iliya Atanasov, Katherine Apfelbaum
Pioneer Institute for Public Policy Research
August 13, 2014
It is hard to attribute the overall performance of the state’s economy to the policy agendas of the incumbent administrations. Rather, Massachusetts appears to be more resilient to stressful economic periods and less prone to participate in the euphoria of the bubble years. But state leaders have done a pretty good job of undermining that resilience by planting several time bombs – in education, infrastructure investment and the funding of long-term liabilities. Failing to address these persistent issues – and quickly – will have disastrous consequences.