Title : Think Illinois is a mess? What about us, and why hasn't the legislature done anything about this?
link : Think Illinois is a mess? What about us, and why hasn't the legislature done anything about this?
Think Illinois is a mess? What about us, and why hasn't the legislature done anything about this?
Democrats and debt. They go hand in hand as the left buys their constituency to, well, keep them in their constituency on the premise that part of the leftist thuggery will continue to vote democrat because they think they're getting paid to do so.
That sums up the IMPOSSIBLY high leftist bribery of Illinois public employee unfunded pensions, which are a paltry $251 BILLION underfunded, according to Moody's Investor Service. And that's in addition to the several BILLION dollar shortfall (As much as $29 Billion by 2019) in their current operating budget.
Yes, The Land of Lincoln has become a state version of the Titanic... and that "bump" they're feeling has ripped out the fiscal side of the state.
They're listing to port (left) and there is no end in sight. It is, in fact, beyond hopeless.
Now OUR little state has it's own version of this. The left has been using our money to buy votes since the hallmark of the Welfare State's inception.
The obviously get the welfare vote, the union vote and, of course, the illegal alien vote.
They get those votes because they pay for them, fair and square. With our money.
Just like Illinois. Just like a great many other states.
Like ours.
Washington State, as of 2013, has a pension liability of $31 billion.
But that sort of thing can't be happening HERE, can it? SURELY the GOP-controlled (For the past several years) senate would have the guts to grab the bull by the horns and actually addressed this issue...
...right?
Of course not.
Democrat former state auditor Brian Sonntag had been warning us for years before he retired from office, declaring as far back as 2010 that we, as a state, had $24.1 billion in unfunded liabilities, including pensions.
And no one in a position to do anything about it bothered to listen... or act.
I get that it's a tough nut to crack. But legislative toes here can just as sore as they are in Illinois if we keep kicking that particular can down the road like they have in, say, Oregon... and like the government of Illinois.
That sums up the IMPOSSIBLY high leftist bribery of Illinois public employee unfunded pensions, which are a paltry $251 BILLION underfunded, according to Moody's Investor Service. And that's in addition to the several BILLION dollar shortfall (As much as $29 Billion by 2019) in their current operating budget.
Yes, The Land of Lincoln has become a state version of the Titanic... and that "bump" they're feeling has ripped out the fiscal side of the state.
They're listing to port (left) and there is no end in sight. It is, in fact, beyond hopeless.
Now OUR little state has it's own version of this. The left has been using our money to buy votes since the hallmark of the Welfare State's inception.
The obviously get the welfare vote, the union vote and, of course, the illegal alien vote.
They get those votes because they pay for them, fair and square. With our money.
Just like Illinois. Just like a great many other states.
Like ours.
Washington State, as of 2013, has a pension liability of $31 billion.
But that sort of thing can't be happening HERE, can it? SURELY the GOP-controlled (For the past several years) senate would have the guts to grab the bull by the horns and actually addressed this issue...
...right?
Of course not.
Democrat former state auditor Brian Sonntag had been warning us for years before he retired from office, declaring as far back as 2010 that we, as a state, had $24.1 billion in unfunded liabilities, including pensions.
And no one in a position to do anything about it bothered to listen... or act.
I get that it's a tough nut to crack. But legislative toes here can just as sore as they are in Illinois if we keep kicking that particular can down the road like they have in, say, Oregon... and like the government of Illinois.
Thus articles Think Illinois is a mess? What about us, and why hasn't the legislature done anything about this?
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