States are also employers! The workers for the states are an important consumer block.
If states have to lay-off a large number of employees because of short falls the nation’s economy takes a huge hit. States are also consumers of manufacturers goods. If the states cannot pay their bills, the manufacturing economy in the nation takes a terrible hit. The Covid-19 is putting a terrible hurt on the states budget. It would behove the US government that the next round of federal stimulus that states get a sh*t load of money or else what ever amount of money that is printed the U S economy will be in the toilet.
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