Today, the City of Chicago closed down - took the day off without pay. No government workers or city services. They plan 2 more such days this year.
Denver and Dallas have already done this as well. Other cities are contemplating such actions.
California is broke - their IOUs stop on September 4th.
Non-profits and membership-based organizations are feeling the pinch also.
Unemployment is way up, along with foreclosures and late pays.
So, just where does the government think it's going to get all this money they seek in higher income taxes, health care taxes, cap and trade taxes, and other taxes to fund the giant giveaway programs?
Note to Congress: it doesn't exist.
Denver and Dallas have already done this as well. Other cities are contemplating such actions.
California is broke - their IOUs stop on September 4th.
Non-profits and membership-based organizations are feeling the pinch also.
Unemployment is way up, along with foreclosures and late pays.
So, just where does the government think it's going to get all this money they seek in higher income taxes, health care taxes, cap and trade taxes, and other taxes to fund the giant giveaway programs?
Note to Congress: it doesn't exist.
For more information about my consulting, teaching, and coaching services visit my website at stevehoffacker.com. I also maintain a blog (Sales Quips) on the real estate network Active Rain, and you can begin participating in this great forum by visiting here. I also write and maintain blogs for Gold Coast SMC and Florida SMC.
© 2009, Steve Hoffacker. All Rights Reserved.
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