True. Lots of people already knew....
http://news.yahoo.com/pa-mayor-cuts-city-workers-pay-minimum-wage-113312907.htmlSo the mayor cuts the police, fire, and in fact all city worker's pay to minimum wage... in violation of a court order. Enjoy being in contempt of court Mr. Mayor. Really, people think it's a good idea to pay police minimum wage? Same with firefighters? Really?
"It's the only way until the city's finances get in order?"
Ok so what happens when your police, fire and every other city employee goes on strike, because they are literally making less than fast food workers in many cases?
Taxes? I know that's a bad word nowadays, but .... You could tax somebody if you're really that desperate...
Or, you know municipal bonds.... You can borrow the money at incredibly low interest rates that investors love because it's tax free. You then use that time to figure out what you need to do and find ways to generate revenue. Yes, that would probably mean some taxes, fees, fines, etc, but if the city really is going under, then....
Also, hire a financial planner. Really. I know people have this stupid idea about democracy, but then you're really only being ruled by the popular. The captain of the football team is not going to get you out of a $16.8 Million dollar deficit. I'd really think somebody who works with numbers and business would be the guy to call in that situation....