Oregon’s continued recovery from the worst of the Covid-19 attack depends of more bail outs from Uncle Sam
When the Covid-19 viral attack came ashore in the U.S. shortly after the first of the year it got a big D-Day type landing on the West Coast. The pandemic spread like wild fire forcing businesses to close and families to hold-up in their homes. Due to insufficient attention to the situation by the Trump Administration the virus spread explosively coast-to-coast. But – the federal government eventually softened the blast by sending trillions of dollars to state and local governments to head-off what was feared to be an impending total collapse of the United States’ economy.
Fast-forward to today, that money has run out at the local level and there doesn’t appear to be any further federal support on the horizon.
The Oregon Center for Public Policy (OCPP) is loudly ringing the emergency bell so that those who run Washington DC should be put on notice that we’re on the brink of an economic downturn that most people can’t even imagine. Here’s OCPP’s assessment of what seems to be our desperate state of affairs. Click here.