Reply to ripple effects from government employment/contracting uncertainty in DMV economy?

Forum Index » Metropolitan DC Local Politics

Reply to "ripple effects from government employment/contracting uncertainty in DMV economy?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]I think that there will be some initial pain, but it will shake itself out by the end of the year.  The fact is that a lot of people can't move for many reasons (i.e. either underwater on their mortgage or refinanced to an incredibly low interest rate).  Also, while many feds are losing their jobs right now, DC is still the center of US government (i.e. White House, Capitol Building, etc.).  Private companies are still investing in this area.  In fact, I wouldn't be surprised if foreign governments start scooping up the real estate in this area. 
 During COVID, when many federal workers were laid off for not getting the jab, we didn't see a huge recession.  I definitely think that the clean up of the federal government was long over due (i.e. did we really need to pay for Sesame Street in Iran) - BUT I wish that the downsizing of the government was done in phases (i.e. maybe start with the truly low performing employees or removing those who personally were involved in causing waste or corruption - since the vast majority of feds probably had no clue what was going on). [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics