Yeah it’s a horrible mess. One generation promised itself the next generation will pay them massive, undeserved pensions. That first generation is still calling the shots (and voting avidly) and the coming generation is going to be stuck with an impossible tab, continuously rising taxes, lowered pensions and benefits, and a miserable situation all around.
Or Illinois could find a way to renege without filing for bankruptcy to avoid throwing out the baby with the bathwater.
Perhaps someday Madigan and his political machine will pay for what they’ve done. But likely not.
Or Illinois could find a way to renege without filing for bankruptcy to avoid throwing out the baby with the bathwater.
Perhaps someday Madigan and his political machine will pay for what they’ve done. But likely not.