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Don’t Bail Out Failing States Like Illinois | Stock News & Stock Market Analysis – IBD

June 21, 2017

This is what happens when you run out of other people’s money..and their children’s money too. RM

“the Democratic Party..views government as an ever-expanding and always-available ATM to meet all needs, social and otherwise, with a ready supply of taxpayer cash. This includes lavish underfunded public-employee pensions, which have created massive fiscal problems for many states across the country.”

Source: Don’t Bail Out Failing States Like Illinois | Stock News & Stock Market Analysis – IBD

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One Comment leave one →
  1. Fred permalink
    June 22, 2017 11:40 am

    Illinois and California need to exist if only as historical lessons of the hazards of governmental hubris, waste, and irresponsibility.

    Like

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