politicsliberal
Massachusetts: Bracing for Economic Storms
Massachusetts, USAFriday, October 17, 2025
Advertisement
Advertisement
The state's economy is slowing down, and businesses are hiring less due to tariffs and uncertainty.
Preparing for the Worst
The state has taken steps to prepare:
- Governor Healey and lawmakers have set aside extra money.
- They are trying to control spending.
- Some spending has been vetoed, and local earmarks have been withheld.
But will it be enough?
Federal Government's Impact
The federal government's actions could hurt Massachusetts badly:
- Changes in federal laws could cost the state hundreds of millions of dollars.
- If the economy takes a big hit, the state could lose even more money.
Budget Concerns
The state's budget might not be as strong as it seems:
- Important programs like healthcare and education might not have enough money.
- If the stock market takes a dive, the state could be in real trouble.
Calls for Action
Some experts suggest the state should act now:
- Control spending.
- Give the governor more power to move money around.
- Set priorities.
Because if Washington cuts funding for important programs, the state needs to be prepared.
The Road Ahead
While the state has made some plans, it's not out of the woods yet:
- The economic forecast is uncertain.
- Massachusetts needs to be ready for whatever comes its way.
Actions
flag content