We all knew it was coming. State agencies, forced to deal with some tough budget cuts, are starting to cut back on their workforces, with 44 layoffs approved last week in a half-dozen agencies.
It’s a sign of a tough economy, but let’s not forget another reason why the state is in this predicament. Perhaps you remember how, instead of being frugal during surplus times, former Gov. Bill Richardson and his administration spent like there was no tomorrow.
Well, guess what? Tomorrow’s here, and so are the consequences of poor financial planning.