But most state and local governments that have experienced a collapse in tax revenues must sharply retrench spending by firing policemen, teachers, and firefighters while also cutting welfare benefits and social services for the poor. Many state and local governments in poorer regions of the country are at risk of bankruptcy unless the federal government undertakes a massive bailout of their finances.
美国政府固然在增加预算赤字，以支撑需求。但大多数州政府和地方政府的税收收入都遭遇暴跌，所以它们不得不大幅收缩开支，辞退警察、教师、消防队员，削减穷人的福利和社会服务。许多不那么富裕的州和地方的政府面临破产风险，除非联邦政府向提供大规模财政援助。