The economy is thriving and the future looks bright. Most economists are predicting strong and sustained economic growth, despite our having passed the average lifetime of a typical recovery.

Local governments have been testing the waters with millage rate tax increases. Many governments see this as an easy and quick solution to avoid prioritizing and making tough decisions about budgets. But citizens have begun to revolt loudly against general millage increases.

With this revolt has come a new backdoor path to lazy government budgeting that is one of the least healthy financial practices a person, business or government can follow. The idea of borrowing for short-term assets with long-term debt is now on the table.