When the Joneses can't keep up with each other
...they have to rewrite the town budget. The recession is trickling up to one of America's wealthiest suburbs as Chevy Chase, Maryland feels the heat and has to invite comments for it's budget shortfall revision which may mean less disposable income for city workers as bonuses are slashed as well as less reliable fire, police and emergency services. http://chevychase.patch.com/articles/town-of-chevy-chase-seeks-comment-on-proposed-budget-cuts
Federal freezes will only mean less and less inclination to spend and more people moving down to lower property tax values scaling back a bit more and more perpetuating the cycle. Will the new Obama tax package save the declines?
Moral of the story? Go where God calls you to be- not just where they or you think you are going to strike it richest for you or them, because you never know what will happen. The belly of a bloated whale is no place to be if you were supposed to make it to Ninevah.
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