Posted on 05/17/2015 9:26:06 PM PDT by Olog-hai
At its height, Nevada was ground zero for the Great Recession. Unemployment topped 14 percent, the highest in the nation. The state led in per-capita bankruptcy filings. And one in every 10 homes faced foreclosure.
But while Nevada’s jobless and foreclosure rates still rank high relative to other states, the raw numbers have plummeted. Lawmakers who agonized about public employee layoffs and an overburdened unemployment insurance fund a few years ago are now fretting about a shortage of teachers and want to implement new taxes worth hundreds of millions of dollars.
And in another sign of the times, they want to pull the plug on a state program born in the height of the recession to help homeowners fend off foreclosures.
The Nevada Foreclosure Mediation Program, which was created in 2009 and brokered negotiations between more than 7,500 beleaguered borrowers and lenders at its peak year five years ago, is projected to serve one-tenth that number in the coming year. …
(Excerpt) Read more at hosted.ap.org ...
am I reading this wrong? The article makes it sound like things got better because they’re asking for tax increases to pay for teachers. maybe that’s a recovery to liberals.
For liberals, more government control IS a triumph.
Fixed it.
.
True
Happy Days are here again!
Yay, we’re all saved the economy is chugging right along.
Party time.
Paging Harry “The Shiner” Reid.
Nevadans want their representatives to raise taxes?
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