The growth slowdown will make the public deficit and debt worse and potentially unsustainable over time.
Today's budget is decidedly unhealthy, and more tax cuts will make the big deficits only worse.
November's deficit, initially reported at $10.5 billion, was revised to $10.3 billion but remained the worst deficit of 1989.
And the outcome of contract negotiations this summer could make the deficit even worse.
There was a bad deficit in 1838.
But the 1984-87 deficits have been bad deficits.
Massachusetts is experiencing the worst deficit in its history this year.
The worst deficits are found among a relatively small number of companies, in sectors like the auto and airline industries and deregulated public utilities.
In 2003, Minnesota faced one of the worst per-capita deficits in the nation.
New Jersey has the worst deficit, percentage-wise, of any state, officials say: $5.3 billion, which is more than 20 percent of its total budget.