04-11-2016, 03:14 PM
(04-11-2016, 02:58 PM)Benton Wrote: More importantly, OK and a few other states are going to have serious financial problems for the next few decades. It was a boom. Now it's a bust. States that got used to the income from payroll and property taxes will have to scale back.
20% of all jobs in Oklahoma were related to the oil and gas industry. The impact will be brutal.
Some of the western states that are so sparsely populated, like Wyoming, will actually lose a lot of population. When they have boom times many of the new jobs are taken by people moving out there for no reason other than the job. When the jobs dry up the people leave.
