Reply to Trump layoffs of fed workers will fundamentally change DC

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[quote=Anonymous][quote=Anonymous]From the New York Times:

An economic slowdown across the metro region is virtually guaranteed in the near term, said Terry Clower, director of the Center for Regional Analysis at George Mason University, in Northern Virginia. Federal workers, and even many private businesses, will probably pull back on spending because of all the uncertainty. But whether this would take the economy from a slowdown into something worse depends largely on how the courts rule in the many lawsuits challenging the administration’s actions.

“If they get a significant portion done of what they say they’re going to do,” he said, “I don’t see any way around the notion that we could fall into a recession this year.”

https://www.nytimes.com/2025/02/20/us/trump-musk-dc-federal-work-force.html[/quote]

+1 lots of uncertainty ahead for the DC region. Certainly, the local economy is not going to do great over the next four years. But nobody knows whether it will be catastrophic or just meh.[/quote]

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