Hard to read, but ten years out they're forecasting a $750 million annual deficit. Can you say "unsustainable"?
If not, you can always sing with me: "At least we're not Detroit!"
****
P.S. Think states are better? Think again:
Monday, February 25, 2013
Oh, and Your City is Boned Too
Just in case you thought that the federal government was the only level of government that's boned, here's a nice chart forecasting the City of Baltimore's finances going forward:
Hard to read, but ten years out they're forecasting a $750 million annual deficit. Can you say "unsustainable"?
If not, you can always sing with me: "At least we're not Detroit!"
****
P.S. Think states are better? Think again:
Hard to read, but ten years out they're forecasting a $750 million annual deficit. Can you say "unsustainable"?
If not, you can always sing with me: "At least we're not Detroit!"
****
P.S. Think states are better? Think again:
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