Fasten Your Seat Belt for a Rough Ride in 2009The crisis in the world and US economy is coming home to us in Washington state:
- Consumer spending is down, way down, with car sales down 36%.
- National and international credit is frozen.
- Unemployment is rising, as firms cut back and new projects are cancelled.
- As economic activity slows, state sales tax revenues drop. Our state’s budget is $6 billion short out of $33 billion. That means cuts to the current state budgets—and deeper ones to come.
THE OPPORTUNITYAt the same time, we’ve elected a new president who has vowed to regain lost ground for working families. For the first time in more than a decade we’re looking to Washington DC for positive action:
- Health care reform.
- Restore the middle class by enacting the Employee Free Choice Act.
- Federal aid to help our struggling communities.
