Questions over Case Study 11.1
Identify the weaknesses in each strategy. (Hint: How do you think the bond rating agencies reacted to California’s 2003 budget?) The first dangerous strategy identified was -Delay maintenance and replacement of assets—and rely on hope (Starling, 2011). The weakness of this strategy is, in addition to posing a physical threat to the people who can be harmed by these delays, poses a very real threat to the budget. More specifically, Osborn an Hutchison (2004a) note that “avoidance becomes addictive, and the real problems fester and grow, ultimately requiring even more painful solutions (p.29)” The second dangerous strategy ...
