Re:Secret gyms and the economics of prohibition
by throwawaygh on Wednesday August 19, 2020 @02:38PM
(#24214298)
Certainly. But even with temporary federal backstops cities and states would be under intense financial pressure.
The refusal of the GOP (Senate, mostly, though the White House seems to be on the same page and perhaps the main motivator) to provide state/local aid, given that there are legal, practical, and other restrictions limiting state borrowing for emergency costs, especially non-capital costs, and structurally they have since not long after the founding relies on the federal government to backstop them for that is a big part of this.