Monday, December 15, 2008

Cities and the Recession

ABC has a story on how the recession is affecting various cities:

http://abcnews.go.com/Business/Economy/story?id=6259063&page=1

Instituting hiring freezes and eliminating after-school programs doesn't sound like financial Armageddon to me. It appears the government is cutting non-essential services until tax revenues increase. This isn't news to most people who have to live on a budget. I try not to spend more than I make. Why shouldn't the government have to do the same thing, too?

No comments: