Illinois on Brink of Default

While politicians always talk about the poor and the needy, they never talk about how their own pensions are breaking the bank and come before everything else. It’s always the poor, which is the lead to raising taxes. So here you have a politician pleading with the people to tell their representative end the impasse and raise taxes for the poor – without mentioning the core of the crisis – pensions.
Armstrong Economics

This post was published at Armstrong Economics on Jul 1, 2017.