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September 29, 2020 04:15 pm GMT
Original Link: https://boingboing.net/2020/09/29/new-york-city-is-facing-a-financial-abyss.html
New York City is facing a "financial abyss"
Dana Rubenstein's New York Times piece paints a grim picture of the city's economic outlook:
— Read the restThe unemployment rate in New York City is 16 percent,twice as highas the rest of the country. Personal income tax revenue is expected to drop by $2 billion this fiscal year.
Original Link: https://boingboing.net/2020/09/29/new-york-city-is-facing-a-financial-abyss.html
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