These States Are Quietly Going Bankrupt (And No One Is Watching)

[Ptarmigan]

These States Are Quietly Going Bankrupt (And No One Is Watching)
https://www.youtube.com/watch?v=6IkmN7bL9z0

Not surprised by the usual suspects, like California, Illinois, and Connecticut. Their problems are their own doing. They spend way beyond their means.

[Ralph Wiggum]

These States Are Quietly Going Bankrupt (And No One Is Watching)
https://www.youtube.com/watch?v=6IkmN7bL9z0

Not surprised by the usual suspects, like California, Illinois, and Connecticut. Their problems are their own doing. They spend way beyond their means.

And they've known it for years, and to paper over their over-spending sprees they steal from pension funds which likely will never be paid back.

[SVPete]

More accurately:

And they've known it for decades, and to paper over their over-spending sprees they steal from pension funds which likely will never be paid back.

CA has under-funded pensions for decades and played games with shifting $$ from one purpose to another, and still is held together by the industries that the state and local gooberments are driving out of the state.