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Bill Gross Has Officially Become Alstry

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December 03, 2010 – Comments (2)

 Economically, We All Living in Allentown PA: Gross

 How hard was this to see.......City Fires 25% of Workforce

CAMDEN, NJ (CBS) – Camden City Council, as expected, voted Thursday to lay off almost 400 workers, half of them police officers and firefighters, to bridge a $26.5 million deficit.

That’s about a quarter of the city’s entire work force.

http://philadelphia.cbslocal.com/2010/12/02/camden-city-council-approves-massive-police-and-fire-layoffs/

Imagine what that is going to do to tax receipts and revenues next year for that town.......?

Each time a worker loses his job....that is less in tax receipts to the Federal Government.......

Now, imagine the above happening to city after city accross America.......

As I said a few years ago....soon, many cities will become Detroit......

 

2 Comments – Post Your Own

#1) On December 03, 2010 at 8:33 AM, BMFPitt (73.35) wrote:

"As I said a few years ago....soon, many cities will become Detroit......"

Camden was the east coast Detroit long before this collapse.

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#2) On December 10, 2010 at 11:20 AM, jesusfreakinco (28.80) wrote:

Public unions are destroying our cities...

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