State of Illinois Is Now A Wage Slave
The State of Illinois and it’s out of control spending is now costing us an additional $550 million in interest, due to us being such a sucky financial risk. Where do we go from here? How can we ever recover? We borrowed all of the money out of the retirement funds and then had to borrow money to replace that money and we just keep spending.
First, the lottery was supposed to be the savior of the state, especially education, which would receive the majority of the revenue. Where did that go? Now they are talking about privatizing it for a short term benefit.
Then riverboat gambling was going to solve all of our problems, especially funding education (wait a sec…) Where is all that money? In the hands of a few rich businessmen (and the Jacobs.)
So now we live in a state with no money and a bunch of undereducated taxpayers who are about to get taxed into poverty. Except they won’t get welfare or healthcare ’cause there’s no money left.
Being broke costs state $550 million :: CHICAGO SUN-TIMES ::.
