Wednesday, June 30, 2010

The Road to Recovery May be Coming to a Dead End for Many States

The Stimulus money that was propping up state budgets is coming to an end. Congress has not refunded this public sector employee welfare. The jobs of many public sector employees will soon be coming to an end too.
In 2010, the Obama administration has estimated school districts across the country might lay off as many as 300,000 employees, many of them teachers. That would be five times the number of layoffs in 2009, and 10 times the number of layoffs in 2008....

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