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Metropolitan DC Local Politics
Reply to "ripple effects from government employment/contracting uncertainty in DMV economy?"
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[quote=Anonymous]Whole DMV is screwed. It's not just feds. You understand this wipes out a ton of highly paid lobbyists, lawyers, NGO workers, contractors, etc. the list goes on. Guess what, that also means they spend a lot less now on restaurants, home renovations, replacing rooves, buying cars, etc. etc. The effects will ripple down and obliterate the DMV economy. Everyone complained about the cost of home repairs and upgrades. Well, that may no longer be a problem since contractors are about to get slammed due to lack of spending/work. Restaurants are going to be obliterated. Commerical RE will tank too. It is domsday. [/quote]
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