The meat of the last recession and prior to it. So this panel is going to be a a bit of a History Lesson. Take this off depressingly wonderfully if we can say that as a phrase. Ive heard him speak a few times ive never had to be so negative so that is something to take into consideration. I cut it its got to be a bit of a History Lesson so i want to set the stage a bit for what was going on in the years in the months leading on so when the financial downturn started and so just a reminder of the Great Recession and thought it at the end of 2007 and i was the largest collapse in state revenue on record by 2010 states were looking at a loss of 191 billion dollars in total in revenue that they had lost between from the start of the downturn and of course when there are times of economic downturn hitters more pressure on social Safety Net Services and things that cost a more money and so you have that inverse effect of more budget pressure at a time where the dollars are disappearing and s
Vermont and they both serve between 2003 and 2011 are in the meat of the last recession and prior to it. So this panel is going to be a a bit of a History Lesson. Take this off depressingly wonderfully if we can say that as a phrase. Ive heard him speak a few times ive never had to be so negative so that is something to take into consideration. I cut it its got to be a bit of a History Lesson so i want to set the stage a bit for what was going on in the years in the months leading on so when the financial downturn started and so just a reminder of the Great Recession and thought it at the end of 2007 and i was the largest collapse in state revenue on record by 2010 states were looking at a loss of 191 billion dollars in total in revenue that they had lost between from the start of the downturn and of course when there are times of economic downturn hitters more pressure on social Safety Net Services and things that cost a more money and so you have that inverse effect of more budget pr
Are welcoming to governors with us. They both served 23 2011. Right in the meat of the last recession and prior to it. So this panel is going to be a bit of a History Lesson. I think they put this off, depressingly wonderfully. If you can say that is a phrase. Ive heard him speak a few times. Ive never heard him speak on something negative. This is going to be a bit of a History Lesson so i want to set the stage of it or what was going on in the years and months leading up to when it started. So its just a reminder, the Great Recession started in the end of 2007 and it was the largest instate revenue on record. By 2010, a loss of 191 billion in total revenue that they glossed from the downturn. In times of economic downturn, theres more pressure on services and things that confiscate more money. You have the effect of more budget pressure and money disappearing. Id like to set the stage a bit for these two states. For vermont, heading into 2009, before the stimulus began kicking in, th
It is like to lead a state through our recession. Good morning. Im a policy writer and today we are welcoming to governors with us. They both served 23 2011. Right in the meat of the last recession and prior to it. So this panel is going to be a bit of a History Lesson. I think they put this off, depressingly wonderfully. If you can say that is a phrase. Ive heard him speak a few times. Ive never heard him speak on something negative. This is going to be a bit of a History Lesson so i want to set the stage of it or what was going on in the years and months leading up to when it started. So its just a reminder, the Great Recession started in the end of 2007 and it was the largest instate revenue on record. By 2010, a loss of 191 billion in total revenue that they glossed from the downturn. In times of economic downturn, theres more pressure on services and things that confiscate more money. You have the effect of more budget pressure and money disappearing. Id like to set the stage a bi
They both served 23 2011. Right in the meat of the last recession and prior to it. So this panel is going to be a bit of a History Lesson. I think they put this off, depressingly wonderfully. If you can say that is a phrase. Ive heard him speak a few times. Ive never heard him speak on something negative. This is going to be a bit of a History Lesson so i want to set the stage of it or what was going on in the years and months leading up to when it started. So its just a reminder, the Great Recession started in the end of 2007 and it was the largest instate revenue on record. By 2010, a loss in total revenue that they glossed from the downturn. In times of economic downturn, theres more pressure on services and things that pressure and money disappearing. Id like to set the stage a bit for these two states. For vermont, heading into 2009, before the stimulus began kicking in, the state was looking at a 82 million defic deficit, heading into 2009 and you think thats bad, they were proje