Chris Hoene of the National League of Cities, agrees, but is not too apocalyptic.
ECONOMIST: Yet another American city struggles to stay solvent
The National League of Cities (NLC) expects municipal revenue to continue to drop in 2010, 2011 and even beyond.
ECONOMIST: Public-sector unions
Chris Hoene, of the National League of Cities, points out that Harrisburg's bankruptcy is not a harbinger of a wider trend.
ECONOMIST: Harrisburg��s bankruptcy
The National League of Cities has found that 88% of city finance officers are less able to meet fiscal needs this year.
ECONOMIST: The state may have failed the city it took over
The recession is severely straining cities' ability to meet their financial needs, according to a recent report from the National League of Cities.
CNN: Obama shines stimulus spotlight on urban economy
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