The second shoe drops from the ccaronavirus…
Money….
Unlike the federal government ?
State and local government doesn’t print money and run YUGE budget overruns…
More people are gonna lose their jobs for the time being, hopefully…
Anyone who thinks the American economy is gonna come roaring back is fooling themselves…
The number of Americans looking for assistance is going to continue to grow for a long while and one $1,200 check isn’t gonna solve things…
Even as President Trump and top Republicans contend that only big-spending, liberal-leaning states are to blame for their mounting budget woes, a Washington Post review found the economic havoc wrought by the coronavirus is far more widespread — saddling Democratic and Republican mayors and governors alike with souring finances and major revenue gaps. Some local governments have already started laying off or furloughing thousands of their workers, and the numbers are likely to grow markedly in the absence of federal aid.
Among municipalities, the new budget cuts could be profound: Between 300,000 and 1 million public-sector workers could soon be out of a job or sent home without pay, according to a new estimate from the National League of Cities. The steep reductions in staffing levels could affect education, sanitation, safety and health, local leaders warn, potentially leaving critical public services in utter disarray….
Our County in just under Five Month for the Year is in the Red by 131 million dollars, lay offs and Furlughs may be coming if Washington doesn’t get its shit together on helping out with local and state budgets…my job may be online…not a great feeling…