Psycho Posted May 10, 2008 Report Share Posted May 10, 2008 THE US ECONOMY WILL RAIN ON THE FENTY ADMINISTRATION’S PARTY The District of Columbia use to be a place that was recession proof but no longer. The U.S. Department of Labor has released a report about current trends in the unemployment rate nationwide and those figures are higher in the District of Columbia. Three things in this new report stand out that are a bit shocking, and they are: 1. Unemployment continues to climb and probably will do so through 2010; 2. That 90% of the people being laid off are men (under 40) and 10% women; and 3. Whereas women are not finding it hard to find a new or better job, men are struggling upwards of 15-36 months. These figures are higher in the District of Columbia and will have a big impact upon income generated by the Government of the District of Columbia and its 2010 budget. What will be troubling for the Fenty Administration and being re-elected in 2010 are: 1. Fenty has placed all of his eggs in one basket (education); 2. Fenty has no real plan for anything else as far as running the Government of the District of Columbia is concerned; 3. Fenty is clueless in dealing with the upcoming tax short-falls; 4. Fenty will be hurt because the people who are being hurt by the weaken, local economy are those who supported him in the last election; and 5. As more and more people in DC feel the pinch they will want change, and that will equate to Fenty not being re-elected because voters will blame him in part for their suffering, come to realize that all he has done is nothing by re-implementing things that were started by previous administrations and that his school take over plan was a farce when our children are doing no better. Quote Link to comment Share on other sites More sharing options...
Recommended Posts