Monday, May 21, 2012

Governments Go to Extremes as the Downturn Wears On

Faced with the steepest and longest decline in tax collections on record, state, county and city governments have resorted to major life-changing cuts in core services like education, transportation and public safety that, not too long ago, would have been unthinkable. And services in many areas could get worse before they get better.

http://www.nytimes.com/2010/08/07/us/07cutbacksWEB.html?_r=1&hpw



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