When Governor O’Malley formally called the recently-completed Special Session back on May 3rd, he did so because there was “too much at stake not to move forward.” Unfortunately, after passing $260 million of tax increases and shifting the state’s teacher pension burden to its counties, it doesn’t appear Maryland workers will be able to respond accordingly. In fact, 6,000 fewer Maryland workers were contributing to the economy at the end of April than at the beginning, according to Labor Department figures released today – a statewide job loss which was the highest in the nation. Moreover, the March numbers were readjusted in a manner which gave the state a net job loss in that month, too.
(continued at Examiner.com…)
The pitch: If you like what you read on my Examiner site, you can subscribe and assure you don’t miss any of my articles. Just click the ‘subscribe’ button, add your e-mail at the prompt and you’re good to go. Don’t worry, I have original content here too.