Posted on 04/25/2020 11:32:26 PM PDT by be-baw
Coronavirus is expected to crush New Yorks economy for years to come, according to a new report from the states budget office predicting a whopping $243 billion loss from the pandemic.
The sum is equal to 14 percent of the states gross domestic product and its loss is likely to usher in a wave of deep spending cuts, officials said.
(Excerpt) Read more at nypost.com ...
I’m sure flyover country will get the bill to bail them out.
Looks like Cuomo will have to dip into the rainy day fund...
No problem!
They will simply raise the taxes on the upstate people; Rochester, Syracuse, Buffalo, etc.
I lived in upstate NY area 15 years ago, before I left NY State.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.