Powell warns that long downturn would mean severe damage - WMBF

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Without further help, states and cities could be forced to lay off more employees, Powell said, which also happened after the 2008-2009 recession and which, he added, slowed the recovery after that downturn. Similar layoffs now could "weigh on" the economy, he said.

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Powell warns that long downturn would mean severe damage - WMBF
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