More than any other city in the metro and possibly throughout the Heartland, KCMO needs cash to keep the lights on as coronavirus and civil unrest have sparked a crash in local biz and tax revenue.
Already there have been 4.5% cuts across the board and KCMO workers have been told to prepare for more cutbacks.
Even worse, local regs have basically killed small biz and tanked revenue for a number of bigger employers as well.
And all of the economic devastation comes amid news of rising coronavirus numbers with the threat of more shutdowns on the way as cold & flu season looms on the horizon.
The only hope . . .
The feds are printing more money and bestowing it upon plebs and politicos alike . . . We won't pretend to explain the sketchy economics of it all but rest assured that smarter people than TKC have expressed skepticism at eternal stimulus as a means to float economic and political turmoil.
Headline for perspective from both sides . . .
Forbes: Here Are The Latest Numbers For Second Stimulus Checks, Student Loans, Unemployment And More
Vox: The economy could need trillions in support over a period of years.
Fox News: Coronavirus stimulus serving as a 'vehicle' for Dems' progressive agenda
The Hill: GOP senators push for stimulus checks to almost 2M excluded Americans
Biz Insider: Bernie Sanders slams Tesla CEO Elon Musk, saying it's 'pathetic' that Musk is against another government stimulus package
And all of this inspires tonight's playlist as both conservatives and progressives await "free money" despite the long term
As always, thanks for reading this week and have a safe and fun Saturday night.