One of several points raised in our Sunday editorial is that the so-called “rainy day fund” that the Shapiro administration proposes raiding to cover the difference between what he wants to spend and how much the state reasonably predicts the state will get in tax revenues exists so Pennsylvania has flexibility if conditions significantly worsen — if we see a crises.

U.S. employers cut more jobs in January than in any period since 2009 — with hiring the slowest for any January on record.

One tech investor, speaking to reporters for news website semafor.com suggested the cuts provide companies with more comfortable profit margins and that Americans should expect the real cuts from AI to still be coming.

While we believe it remains to early to believe or assume that a recession is on the horizon, we also believe elected officials need to be cautious about that risk — and about the potential for technological advances to make the cuts and sacrifices asked of our workforce deeper and more substantial than past recessions.

And that, of course, is only one possible pitfall that could beset Pennsylvania. Damage from a future natural disaster, a shift in the legal or financial climates that force officials to reassess how urgent unfunded obligations incurred by the state are, expenses from other costs of living driving tax-paying residents to other states — the state is fortunate to not have a greater number of more urgent obstacles.

Spending like we will always be so fortunate is irresponsible. We can only reiterate that draining the state’s budgetary reserves is reckless.