Without additional funding from Congress, close to 60,000 households are at risk of losing assistance, undoing years of progress in their lives and possibly increasing homelessness across the country by as much as 10 percent on average, and by even higher rates in some states.
So this is only in reference to people who would basically immediately return to homelessness if only the EHV program is cancelled.
They also want to basically massively defund/shut down Section 8.
So thats more like 9 million people.
(Also I guess somewhat hillariously, that means most slumlords in the US instantly go banrkrupt, rofl, they are dependent on those sweet, succulent government subsidies)
Then there’s the entire economy collapsing, and not being able to pay rent being the primary cause of homelessness.
So, while this statement/report is not inaccurate in terms of its limited scope…
Yeah, we’re looking at around 20 to 30 million people becoming homeless in the next 12 months, if all the proposed cuts go through, and the economy keeps tanking.
Oh whats that? Strait of Hormuz is closed?
Welp, better figure absurd oil prices, increased logisitics costs at every level, into your forward looking economic projections.
MSFT just laid off 14,000 workers, many of whom go to instagram and hillariously think they will have an easy time finding a roughly equivalent position elsewhere.
FedEx is massively downsizing, consolidating, shuttering logi hubs, seems to have laid off about 100,000 people in the last 6 months… most likely because Amazon stopped contracting with them, though that is a rumor at this point.
Great Depression 2.0 is here, everyone, hold on to those bootstraps rofl.