Posted on 07/10/2012 5:23:34 AM PDT by TigerLikesRooster
SCRANTON RUNS OUT OF MONEY, Cuts All City Salaries To Minimum Wage
Mike "Mish" Shedlock, Global Economic Trend Analysis|Jul. 10, 2012, 7:11 AM
Scranton, Pennsylvania's, the state's sixth-most-populous city (population of 76,089 in 2010 census), is down to its last $5,000 and has no way to pay salaries.
The mayor wants an immediate tax hike of 29% and 78% over three years. In every sense of the word, Scranton is bankrupt.
NPR reports Scranton's Public Workers Now Paid Minimum Wage
(Excerpt) Read more at businessinsider.com ...
Is Scranton changing it’s name to Obamaville??
Maybe some of them will get them a real job but i doubt it, they might have to have a little self responsibility if they did that.
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