RadioBanter - View Single Post - Comptroller: 'State can no longer function'

George Cornelius · June 25th 17, 09:55 PM posted to rec.radio.shortwave

In article , (George Cornelius) writes:
The states whose liberal elites are the founders of the welfare state
complaining that the welfare state is making them broke.

Tribune today compares Illinois' troubles to NYC's back in the Gerald
Ford era, and points out that the Feds did help out, but only after the
state stepped in, instituting some reforms and taking responsibility
at state level for bond sales at to fund some of the city's obligations.
To this day, apparently, there are checks and balances in place to keep
the overspending of the profligate years from recurring.

George [an out of state graduate of Illinois Institute of Technology in
then Mayor Richard J. Daley's neighborhood in the South Side, and perhaps
a recipient, indirectly, of State funds in receiving a scholarship from
that school]