State Budgets and Skyrocketing Unemployment
Tuesday, February 8th, 2011
Every state in the U.S. is currently experiencing dramatic budget shortfalls. Unlike the federal government which can run budget deficits and/or print money (both of which the feds are doing on a massive scale), the states have to balance their budgets. (They can borrow money, but not like the feds.)
Because of the economic collapse in [...]