
Today looks like another tough outing for American stocks amid global market turmoil. In Kansas City this economic downturn comes at an exceptionally bad time.
To wit . . .
KANSAS CITY CAMPAIGNS FOR JAIL & SCHOOL TAXES CONFRONT VOTERS ALREADY SUFFERING ECONOMIC DISTRESS!!!
As always, we rely on TOP ECHELON insiders for perspective . . .
"People just don't have any money for more taxes. Not for new jails and not for schools. We've already seen that the voting public feels like they're being squeezed the rising cost of living; so much so that they're unwilling to vote for Super Bowl champions or a day at the ballpark . . . Now, this drop in stocks and prices continuing to rise has people at the breaking point. Voters just don't have any more money to give away and elected officials are going to have to look elsewhere . . . Good luck because both city & county coffers are running low."
Accordingly . . .
For constant tax fighters . . . The only silver lining to this market crash is that so many more locals have become tax-weary and unwilling to pile on yet another burden.
And so . . .
Here's a peek at early reports from global markets AND a look at upcoming campaign issues.
Check-it:
"Global stock markets extended a severe plunge Monday, fueled by fears that U.S. tariffs would lead to a global economic slowdown. European and Asian shares saw dramatic losses, the leading U.S. index flirted with bear market territory in pre-market trading, and oil prices sagged."
Read more via www.TonysKansasCity.com link . . .
US stock futures plunge amid Trump trade war fears
U.S. stock futures plunged Monday after stocks reeled last week on worries President Donald Trump has ignited a trade war that will lead to higher prices and recession.
World markets plunge, with Japan's Nikkei diving nearly 8%, after the big meltdown on Wall St
Shares have nosedived across the world after the meltdown Friday on Wall Street triggered by China's retaliation for President Donald Trump's big increase in tariffs.
Trump tariffs: Why are Asian markets seeing a 'bloodbath'?
As the impact of Trump's tariffs rocks investors, one analyst described today's slump as a "bloodbath",
The local issues . . .
Is the 20th Time the Charm? KCPS Brings School Bond Back to Kansas City Ballots for First Time Since 1987 - Northeast News
Julia Williams Editor-in-Chief 1967 - The year Martin Luther King delivered his "Beyond Vietnam" speech amidst the Vietnam War, the Kansas City Chiefs played the Green Bay Packers in Super Bowl 1967 - the U.S.'s first super bowl - and the same year the last school bond was passed for Kansas City Public Schools (KCPS).
Voters to decide on funding new city jail on April 8
Ballot issue would extend quarter-cent sales tax another 20 years
Missouri voters guide: What to know about April 8 municipal elections
Missouri will hold municipal elections on April 8. Voters across the Kansas City area will weigh in on issues like investing in public safety, improving infrastructure and electing their school board members. Here's a guide to what's on your ballot, plus what you need to vote.
KCPS asks voters to approve first bond issue in 58 years
A $474 million dollar bond issue is on the April 8th. Superintendent Dr. Jennifer Collier asks voters to invest in the future of Kansas City education.
Developing . . .
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