I don’t know if you are watching but there’s a economic ‘2nd wave’ forming offshore. In nearby Philadelphia in response to diminished tax revenues the city is starting some cuts to balance its budget. I have no reason to believe it will not be repeated in countless cities, towns etc across America. My buddies in ‘Mega Company’ corporate world see the same thing happening. We are reminded how our society/economy is chock full of dependencies. Those who have been out of work and many of those who suffered losses likely won’t be on a spending spree anytime soon. We all know our economy depends on spending on cars, vacations etc. I’m inclined to say don’t take that dead count bounce too seriously. Yeah I know doom and gloom but I think we all need to put on our big boy pants and deal with it.
The question then is as an individual what can you do?
Continue in your quest for frugality
Don’t stress but plan for rough times ahead
https://www.washingtonpost.com/business/2020/04/29/cities-states-layoffs-furloughs-coronavirus/
The question then is as an individual what can you do?
Continue in your quest for frugality
Don’t stress but plan for rough times ahead
https://www.washingtonpost.com/business/2020/04/29/cities-states-layoffs-furloughs-coronavirus/
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