time.com - 12/5/2008
—
When President-elect Obama met with America's governors earlier this week , he got an earful about the recession-induced budget crisis they face. On Thursday those words of woe were backed up by a fresh report on the rapidly deteriorating condition of state finances. Revenues are dropping so ...
talkingpointsmemo.com - 12/7/2008
—
talkingpointsmemo.com —
Kevin Philips has written persuasively about how the
official unemployment rate understates the actual jobless numbers, and...
you get a glimpse of that in some of the employment numbers that came out today. From the NYT : A mass departure from the ...
(more)
Worse Than It Looks
Comments
Blog Reactions
States Financial Outlook: Getting Worse Fast
The Page by Mark Halperin —
... TIME's Kiviat assesses how state revenues shortfalls are outpacing spending cuts, producing big deficits. ...
Progressive Breakfast: 533K Jobs Lost In Nov.
LiberalOasis : The Blog —
... Time also reports: "Revenues are dropping so fast that state budget cutters can't keep up, according to a report released by the National Conference of State Legislatures. States that collectively cut $40 billion in spending to balance their budgets over the summer are now facing another $32 billion shortfall as tax receipts come in below estimates, according to the report. ...
The Coming Human Capital Crisis: States Start To Slash Education Funding
Wonk Room —
... One of the major effects of the financial meltdown is budget crises hitting numerous states. Across the country, states are going to face ...
Related Content
Not So Fast!
talkingpointsmemo.com 12/27/2008 — As you've seen, I've become increasingly interested in this question of whether or not the president can withdraw a pardon, as President Bush has attempted to do in the case of Isaac Toussie. I've consulted a few experts and reviewed various cases. ...
Moving Very Fast
talkingpointsmemo.com 12/13/2008 — From the Journal (sub.req.) ...
The publisher of the Detroit Free Press, the country's 20th largest paper by weekday circulation, is expected to announce next week that it will cease home delivery of the print edition of the newspaper on most ...
Obama warns economy to get worse
msnbc.msn.com 12/7/2008 — The economy will get significantly worse before it starts to improve, President-elect Barack Obama said, seeking in an interview broadcast Sunday on NBC’s “Meet the Press” to tamp down expectations as he prepares to assume the presidency in 44 days.
Worse Than You Think - Part 1
wizbangblog.com 12/1/2008 — Congress surprised me a little while back, when they decided not to bail out the 'Big 3' automakers, who were hoping for just about fifty billion tax dollars (25 billion...
Outlook in NY-20
corner.nationalreview.com 4/1/2009 — Don't worry, we don't have another litigated election -- not yet, anyway. The absentee ballots, some of which are not due until April 13, will decide the race for New York's 20th Congressional District between Scott Murphy (D) and Jim Tedisco ...
Can't Spend Fast Enough
talkingpointsmemo.com 12/4/2008 — Let me follow up on what I just wrote below about Krugman's and Atrios's views on our difficulty in finding ways to spend on stimulus quickly enough to pull the economy out of its nosedive. We're not just looking for ways to spend -- capital projects ...
NYT: Obama to act fast on financial rules
msnbc.msn.com 1/25/2009 — The Obama administration plans to move quickly to tighten the nation’s financial regulatory system, with stricter federal rules for hedge funds, credit rating agencies and mortgage brokers.
Follow BeltwayBlips on Twitter
