Phoenix $26,000,000 in the hole

Fire_Marshall_Bill · April 2020

But it's totally worth it because the draconian meaures prolonged the life of two 85 year olds by four months!!!!!!

108 Wuhan Flu deaths in a state over 7.2 million

https://www.azcentral.com/story/news/local/phoenix/2020/04/10/phoenix-faces-26-million-budget-deficit-covid-19-impact/5131924002/?fbclid=IwAR3OKp-N8V7VUDKOsE_HnyAPMagVaucPByMUWsaHNraA74Zcw5N3Vxo9QWY

PurpleThrobber · April 2020

It's a massive money grab and/or reallocation of resources depending on where you're at in the food chain.

See also Benito Inslee's construction of a field hospital at Century Link, millions of dollars of waste - only to be dismantled days later.

Pitchfork51 · April 2020

Strips clubs are gonna be filled with mid level bureaucrats when they open

GrundleStiltzkin · April 2020

Pitchfork51 said:
Strips clubs are gonna be filled with mid level bureaucrats when they open

As dancers, you mean

DerekJohnson · April 2020

PurpleThrobber said:
It's a massive money grab and/or reallocation of resources depending on where you're at in the food chain.

See also Benito Inslee's construction of a field hospital at Century Link, millions of dollars of waste - only to be dismantled days later.

That Century Link thing was dismantled only 7+ days later. Is there any conceivable way Inslee didn't know it would soon be torn down?

It was probably him going "Set it up and take dramatic photos of it. That way we can justify taking the federal money. Then we'll tear it down and offer it to the highest bidder", or whatever.

MikeDamone · April 2020

Imagine how grim it could have been though...

LebamDawg · April 2020

DerekJohnson said:

PurpleThrobber said:
It's a massive money grab and/or reallocation of resources depending on where you're at in the food chain.

See also Benito Inslee's construction of a field hospital at Century Link, millions of dollars of waste - only to be dismantled days later.

That Century Link thing was dismantled only 7+ days later. Is there any conceivable way Inslee didn't know it would soon be torn down?

It was probably him going "Set it up and take dramatic photos of it. That way we can justify taking the federal money. Then we'll tear it down and offer it to the highest bidder", or whatever.

I don't think Chinslee is that smart myself

MelloDawg · April 2020

DerekJohnson said:

PurpleThrobber said:
It's a massive money grab and/or reallocation of resources depending on where you're at in the food chain.

See also Benito Inslee's construction of a field hospital at Century Link, millions of dollars of waste - only to be dismantled days later.

That Century Link thing was dismantled only 7+ days later. Is there any conceivable way Inslee didn't know it would soon be torn down?

It was probably him going "Set it up and take dramatic photos of it. That way we can justify taking the federal money. Then we'll tear it down and offer it to the highest bidder", or whatever.

Sounds exciting, though I think declaring an emergency in the midst of a public health crisis allows federal money on a guilt-free level.

MikeDamone · April 2020

MelloDawg said:

DerekJohnson said:

PurpleThrobber said:
It's a massive money grab and/or reallocation of resources depending on where you're at in the food chain.

See also Benito Inslee's construction of a field hospital at Century Link, millions of dollars of waste - only to be dismantled days later.

That Century Link thing was dismantled only 7+ days later. Is there any conceivable way Inslee didn't know it would soon be torn down?

It was probably him going "Set it up and take dramatic photos of it. That way we can justify taking the federal money. Then we'll tear it down and offer it to the highest bidder", or whatever.
Sounds exciting, though I think declaring an emergency in the midst of a public health crisis allows federal money on a guilt-free level.

PR stunt. And since it’s federal money it’s FREE PUB!

PurpleThrobber · April 2020

MikeDamone said:

MelloDawg said:

DerekJohnson said:

PurpleThrobber said:
It's a massive money grab and/or reallocation of resources depending on where you're at in the food chain.

See also Benito Inslee's construction of a field hospital at Century Link, millions of dollars of waste - only to be dismantled days later.

That Century Link thing was dismantled only 7+ days later. Is there any conceivable way Inslee didn't know it would soon be torn down?

It was probably him going "Set it up and take dramatic photos of it. That way we can justify taking the federal money. Then we'll tear it down and offer it to the highest bidder", or whatever.
Sounds exciting, though I think declaring an emergency in the midst of a public health crisis allows federal money on a guilt-free level.
PR stunt. And since it’s federal money it’s FREE PUB!

Totally.

This debacle is going to put the hurt on municipalities all over the country. The obliteration of the economy will hammer the finances of city and county governments. Tax receipts are going to plummet.

If there's any upside, perhaps the local governments will finally have some stones and make some changes in their operations. They could start with decertifying unions for all employees who are sucking at the teet of sweet gubmint pensions, then broom the non-performers.

GrundleStiltzkin · April 2020

PurpleThrobber said:

MikeDamone said:

MelloDawg said:

DerekJohnson said:

PurpleThrobber said:
It's a massive money grab and/or reallocation of resources depending on where you're at in the food chain.

See also Benito Inslee's construction of a field hospital at Century Link, millions of dollars of waste - only to be dismantled days later.

That Century Link thing was dismantled only 7+ days later. Is there any conceivable way Inslee didn't know it would soon be torn down?

It was probably him going "Set it up and take dramatic photos of it. That way we can justify taking the federal money. Then we'll tear it down and offer it to the highest bidder", or whatever.
Sounds exciting, though I think declaring an emergency in the midst of a public health crisis allows federal money on a guilt-free level.
PR stunt. And since it’s federal money it’s FREE PUB!
Totally.

This debacle is going to put the hurt on municipalities all over the country. The obliteration of the economy will hammer the finances of city and county governments. Tax receipts are going to plummet.

If there's any upside, perhaps the local governments will finally have some stones and make some changes in their operations. They could start with decertifying unions for all employees who are sucking at the teet of sweet gubmint pensions, then broom the non-performers.

Not a chance. They’ll proclaim victory and raise taxes.

Kaepsknee · April 2020

What many people are ignoring is that many states UI funds will run out and the states will have to start borrowing money from the Feds once that happens. Some states are in better shape than others, but any numbers as to how many weeks that the funds ACTUALLY have left in them are all null and void as this is unprecedented X 5.

PurpleThrobber · April 2020

salemcoog said:
What many people are ignoring is that many states UI funds will run out and the states will have to start borrowing money from the Feds once that happens. Some states are in better shape than others, but any numbers as to how many weeks that the funds ACTUALLY have left in them are all null and void as this is unprecedented X 5.

Always remember the golden rule of finance. He who has the gold makes the rules.

PandaOrangeChiknDuck · April 2020

I think this is going to hit states relying on sales tax much harder than states without a sales tax. Income taxes will also be impacted, but states like California that rely heavily on both are screwed.

Pitchfork51 · April 2020

PandaOrangeChiknDuck said:
I think this is going to hit states relying on sales tax much harder than states without a sales tax. Income taxes will also be impacted, but states like California that rely heavily on both are screwed.

Cali can do whatever they want

Kaepsknee · April 2020

PurpleThrobber said:

salemcoog said:
What many people are ignoring is that many states UI funds will run out and the states will have to start borrowing money from the Feds once that happens. Some states are in better shape than others, but any numbers as to how many weeks that the funds ACTUALLY have left in them are all null and void as this is unprecedented X 5.
Always remember the golden rule of finance. He who has the gold makes the rules.

As of a couple weeks ago, Oregon had $5.5 Billion in their fund. That’s way too much for a state with 4 million people. So Oregon will onviously be ok.

PurpleThrobber · April 2020

salemcoog said:

PurpleThrobber said:

salemcoog said:
What many people are ignoring is that many states UI funds will run out and the states will have to start borrowing money from the Feds once that happens. Some states are in better shape than others, but any numbers as to how many weeks that the funds ACTUALLY have left in them are all null and void as this is unprecedented X 5.
Always remember the golden rule of finance. He who has the gold makes the rules.

As of a couple weeks ago, Oregon had $5.5 Billion in their fund. That’s way too much for a state with 4 million people. So Oregon will onviously be ok.

Adolph Newsom is going to take it in the ass by the financiers.

IN THE ASS!!!!

Benito Inslee might get by with just a facial.

Sledog · April 2020

salemcoog said:

PurpleThrobber said:

salemcoog said:
What many people are ignoring is that many states UI funds will run out and the states will have to start borrowing money from the Feds once that happens. Some states are in better shape than others, but any numbers as to how many weeks that the funds ACTUALLY have left in them are all null and void as this is unprecedented X 5.
Always remember the golden rule of finance. He who has the gold makes the rules.

As of a couple weeks ago, Oregon had $5.5 Billion in their fund. That’s way too much for a state with 4 million people. So Oregon will onviously be ok.

All that income tax from Ducks getting those high paying pump jockey jobs!

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Phoenix $26,000,000 in the hole

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