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Reply to "WaPo Data show D.C. area is feeling toll of federal spending cuts"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Life in 2025 is very normal in my McLean neighborhood, very similar to last year.[/quote] Things seem normal on the surface in my N Arlington neighborhood. But I know several people who have been RIF’d, took DRP, or lost contracts. I don’t think we’re feeling it yet because a) people are still getting DRP payments or severance (some even just retired early and won’t look for another job) and b) a lot of people have savings / homes with low interest rates, so they will cut discretionary spending and stay in their house as long as they can. Also many have spouses who earn enough they can coast on one salary for a while, they just may need to postpone reno projects or pull kids out of expensive camps. I do think those who can weather this will bounce back in the long term. I’m more worried about the handful of people I know who are dual feds and really can’t afford to lose 2 jobs. Or the people around the DC area who were stretched to begin with. [b][i][u]Yet again the wealthy will be fine[/u][/i] [/b]and the working families reliant on their paychecks to string housing and childcare together will take the brunt. This administration is such a scam.[/quote] That's the key. Lot of wealthy people in McLean.[/quote]
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