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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][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't know why anyone is suggesting people become teachers. MCPS is going to get hit hard by the loss of federal funding and lower tax dollars. It's going to get ugly. And I suspect a lot of people are going to leave the area so lower enrollment.[/quote] only 3.4% of MCPS budget comes from federal government. A job is a job. A job with some sort of mission (like teaching) is something that is probably attractive to fed employees who have already accepted lower salaries for a mission.[/quote] You don't get it. Tax revenues for Montgomery County are going to crater. Just watch the unemployment numbers in a couple of months. Then the housing market will crash and the foreclosures will start. People will leave the area. MCPS will lay off the last people the hired first. I would not recommend anybody invest time and resources to get change careers and get certified as a teacher on the expectation of being employed in this area.[/quote] This. The ripple effect of the destruction of so much federal employment and the adjacent contractors is likely going to be massive. Many people aren’t going to stick around in high cost districts like MoCo without good jobs. They’ll move further out or out of state completely [/quote] No jobs for anyone! Wake up people! Destruction of MoCo imminent! Buy your bunker or move to your beach house![/quote] Ok, you go ahead and invest heavily into a career change to teaching in the hopes it will help you pay your mortgage on your house that will soon be underwater.[/quote]
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