Government lacks financial literacy
What would you do if you won the lottery? There are various possible responses. Many people would invest a large majority of those funds into something or somebody that they trust. Generally speaking this is referred to as sound financial literacy.
The state of Montana won the lottery in a sense by receiving an unexpected large windfall of tax revenue. Montana taxpayers didn’t purposefully with awareness just write a check for $6 billion extra to the state in the last two bienniums combined, it was simply a windfall of general fund discretionary dollars.
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