Showing posts with label economic crisis. Show all posts
Showing posts with label economic crisis. Show all posts

Tuesday, February 17, 2009

I'm scared

Last night I heard on CNN that CA is about to layoff 20,000 state employees, due to the state's budget deficit. You can read about it here. State employees = police, fire fighters, and teachers. This will add 20,000 more unemployed citizens to the state. CA has already informed some that the state is unable to process their state income tax refunds.

Then I saw today that Kansas has also suspended state income tax refunds, and says they may not be able to meet payroll.

Today the company for whom I work had to layoff employees from all depts. The dept. in which I work was reduced by 50%. Fortunately I still have my job, but my work load is going to increase exponentially.

I'm scared.

Crush du Jour: James Blake