Tuesday, October 28, 2008

NY state Screwed

http://www.nypost.com/seven/10282008/news/regionalnews/paterson__ny_deficit_to_hit_47b_over_fou_135705.htm
When did the post get such good business coverage? Deficit for the state at 12.5 B next year. Gov says unemployment to go up reaching 6.5%.

I say we underestimated so far, more likely 8% unemployment. 20B Deficit. That is just the state.

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