Public sector heard from

Strange lead paragraph at the New York Post:

[New York City’s economic downturn] will be “deep and protracted” and likely lag behind the rest of the country because of declining tax revenues, according to a budget watchdog group.

So if Bloomberg raises the city’s taxes so they take all of everybody’s money, things will be just fine... ’cause the economy’s all about government income, right?

Also, the story’s account (in its final five paragraphs) of Warren Buffett’s CNBC interview makes for an â€œinteresting” comparison with the one at Kausfiles.

Both.links via Insty.
Previously

Posted by: Old Grouch in In Passing at 13:53:32 GMT | No Comments | Add Comment
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