Free Republic
Browse · Search
GOP Club
Topics · Post Article

To: Regulator

I heard that Illinois and other states as well are facing some severe budget.

I think this Democrat Governor is going to have to sharpen his pencils as he huddles with his Finance team to figure out how the heck he’s going to balance budget.


19 posted on 05/11/2020 7:55:59 AM PDT by Dilbert San Diego
[ Post Reply | Private Reply | To 7 | View Replies ]


To: Dilbert San Diego
I think this Democrat Governor is going to have to sharpen his pencils as he huddles with his Finance team to figure out how the heck he’s going to balance budget.

Blue states have been providing lavish retirement benefits to their public sector unions. Many workers end up with two or more pensions, as they hold multiple government jobs over the years. And the pensions pay basically full salary plus top tier medical, etc. The pension obligations they have are insurmountable. It is inevitable that these states will default on those obligations, it is not possible for them to tax enough to pay them.

And like a gift from God came china virus. Now they can (1) blame their crumbling economy on Trump and (2) demand that the fedgov bail them out. But not one dime of any federal relief will ever make it it a citizen. It will go to the unions after the politicians skim off their cut, of course.

But Trump isn't agreeing to give them anything. What to do, what to do? I know, make it worse, much worse. Crater the economy by refusing to ever open until the fedgov is compelled to step in. That's the plan.

51 posted on 05/11/2020 8:20:33 AM PDT by pepsi_junkie (Often wrong, but never in doubt!)
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
GOP Club
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson