‘Prolonged Recession’ Could Be on Horizon as Covid Economic Crisis Leads to State and Local Budget Shortfalls

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Posted at https://www.commondreams.org/news/2020/07/07/prolonged-recession-could-be-horizon-covid-economic-crisis-leads-state-and-local Published on Tuesday, July 07, 2020 by Common Dreams “We know from the experience of the recovery following the Great Recession just how powerful the economic drag from state and local austerity can be.” By Eoin Higgins, … Continued