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:







































No comments:

Post a Comment