Debt is slavery.
Here comes the bailout.
Surprised that Nueva Yorke, er, New York wasn’t listed.
Sorry to read Kentucky in the list, they are from American self sufficiency, I hope they didn’t lose too much of it.
How in the Hell is PR broke? It’s an island tropical paradise. Go get some investors and loosen the taxes and regs, sheesh.
Surprised NY isn’t there. This state is run by buffoons!
I’d say that Illinois’ problems are worse then they look, because people are simply leaving the state. And the people who are leaving are being replaced (somewhat) by people who earn much less. This is not helpful to any plan to get out of the mess.
Although voters need to get rid of state politicians who either do not know how to manage state social spending programs or abuse such programs, state revenues that could be used for such programs are being stolen by the feds though unconstitutional federal taxes imo.
Congress is not empowered to tax for those purposes which are within the exclusive province of the States. - Justice John Marshall, Gibbons v. Ogden, 1824.
If state lawmakers quit sitting on their hands and put a stop to unconstitutional federal taxes then the states would probably have more state revenues to work with imo.
Voters need to support their states by supporting Trump, or whatever conservative they elect as president, by also electing a new, state sovereignty-respecting Congress that will work within its constitutional Article I, Section 8-limited powers and limited power to approprate taxes to support the president.
The smarmy idiot didn't learn a thing. I hope President Cruz or Trump doesn't bail these failed states out.
I can’t believe CT. Its location gives it so many advantages. Growing up in the ‘50s and ‘60s, it was a wonderful place to live. It is a place that has been destroyed by government, and it still is.
Unless and until you start thinking like a thief, you will never understand the actions of the politicians in these states.