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Opinion

The Cities Where Taxpayers Will Get Shorn

The Cities Where Taxpayers Will Get Shorn
An empty street in the French Quarter amid the coronavirus (Covid-19) pandemic in New Orleans, La., on March 27, 2020. Chris Graythen/Getty Images
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Commentary
The U.S. economy is heading into an unparalleled storm that will unhinge the budgets of governments and taxpayers alike. Across the country, a slew of cities are facing dramatic revenue crunches, ordering pay cuts, laying off workers, and enacting hiring freezes.
Fergus Hodgson
Fergus Hodgson
Author
Fergus Hodgson is the director of “ Econ Americas”, a financial consultancy, and publisher of the “ Impunity Observer” , a geopolitical intelligence service. He is the author of “ Financial Sovereignty for Canadians: Untether Yourself from the Ottawa Leviathan (2024).”
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