Thursday, June 16, 2011
I'd Rather They Were Stiffing Lawyers...
So I randomly played golf with a Long Island accountant a couple of weeks ago...
He bemoaned that 47% of his customers' bills this year were unpaid.
CaptiousNut - So who's not paying you? Small businesses or individuals?
Accountant - It's small businesses, individuals, celebrities, AND local governments.
Local governments? He said that he had a few *school districts* who were problematic.
As I already told y'all - the New York economy is about to fall off a cliff.
It could actualize fast too, say in a 1,500 point stock market drubbing.