Governor Freudenthal Addresses State's Economic Situation

There's no arguing that the slumping national economy has had its effect on Wyoming as state agencies and many municipalities have endured cuts in their respective budgets. Governor Dave Freudenthal says that the state's current economic situation isn't as grim as what some are making it out to be.

Freudenthal said that local government's that trimmed their budgets last year are in much better shape than those that didn't. State agencies were asked to cut their budgets by 10% last year and many municipalities and county government agencies followed suit.

Freudenthal said that those that didn't trim their budgets will most likely continue to have financial troubles since there won't be as much funding to go around in this year's upcoming Legislative Budget Session.

First Northern Bank
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grim?

If, as the government says the situation is not "grim" why has renew lost 22% of their funding and had to lay off 1/3 of their staff? Why did walmart lay off their christmas help? Why did the sawmill close? Why has the unemployment rate doubled? I would say perhaps the governor is out of touch.