Illinois exemplifies our fiscal foolishness

From the Washington Post: Seated in his office here, wearing neither a necktie nor a frown, Republican Gov. Bruce Rauner is remarkably relaxed for someone at the epicenter of a crisis now in its second year and with no end in sight. But, then, stress is pointless when the situation is hopeless. Besides, if you can ignore the fact that self-government is failing in the nation’s fifth-most populous state, you can see real artistry in the self-dealing by the Democrats who, with veto-proof majorities in the state legislature, have reduced this state they control to insolvency.

Illinois’s government, says Rauner, “is run for the benefit of its employees.” Increasingly, it is run for their benefit when they retire. Pension promises, though unfunded by at least $113 billion, are one reason some government departments are not digitized at all.

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