We are so fucked

Sep 16, 2011 10:31

State expects $1.4B less in tax revenue; more cuts expected

[The state's chief economist Arun] Raha sees no indication things will turn around soon. "The Great Recession is turning out to be a never-ending nightmare," he said. "I truly wish I could assure you this nightmare is about to end, but I see no end in sight."

This story fills me with despair. We are well and truly fucked. We are plummeting downward, and there is apparently no bottom.

economics

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