Balancing Budgets with Data, Not Emotion
February 28, 2011 By Chris Smith
ABSTRACT:
Chris Smith writes that the secret weapon in bringing financially strapped state and municipal governments to more sound policy is to lessen the rhetoric and amp up the open innovation portal. In the past, political bookkeeping has lost credibility as it seems the true financial picture is not presented to the public. Smith’s perspective is that through open innovation the citizens and government can jointly develop practices that will balance the budgets.
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