Bright & Early: Off The Tracks Edition

Good morning, Nashville. With all of the budget-related news this week, it’s no surprise to hear that Tennessee lawmakers are considering reducing unemployment benefits, which are already tied with Florida’s for the fourth-lowest in the country. At the rate we’re going, our state’s unemployment fund will be about $20 million in the hole by April and is on track to be in much worse shape by next year. Though unemployment numbers seemed to level out briefly near the end of 2009, they’ve shown a steady increase in the past few months and levying additional taxes on businesses to cover the gap just isn’t cutting it.

Photo by Peppysis.

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