Monday, Jan 17....Fun Facts
The news of the day shows some interesting fun facts:
- the amount of public pension debt per Illinois citizen is $3800. That means that (assuming you are in Illinois) every person you walk past at work today, every person you drive past today, every kid in school (ok - since they are off for MLK Day, tomorrow) owes $3800 for the bloated pension commitments that Illinois has on the books. No plan to reduce that - just borrow more, and kick can 4 yrs down the road.
- the amount of national debt per American citizen is over $25,000. this is for what has already been spent, not what we have yet to spend. this is for the foreign aid to countries that hate us. this is for the bailouts to the bankers that ended up as obscenely large bonuses. this is for the tbills that were printed and then bought by the banks with the free bailout money that the banks were supposed to lend to us, but did not since they could get a better return buying tbills with money given to them.
what have we to look forward to but more property tax increases, more sin taxes, more government hands in our pockets. it is alarming. The middle class continues to be the engine for the money that the rich need to stay rich. When do we get to say that enough is enough?
such a rosy thought for a Monday, huh?
- the amount of public pension debt per Illinois citizen is $3800. That means that (assuming you are in Illinois) every person you walk past at work today, every person you drive past today, every kid in school (ok - since they are off for MLK Day, tomorrow) owes $3800 for the bloated pension commitments that Illinois has on the books. No plan to reduce that - just borrow more, and kick can 4 yrs down the road.
- the amount of national debt per American citizen is over $25,000. this is for what has already been spent, not what we have yet to spend. this is for the foreign aid to countries that hate us. this is for the bailouts to the bankers that ended up as obscenely large bonuses. this is for the tbills that were printed and then bought by the banks with the free bailout money that the banks were supposed to lend to us, but did not since they could get a better return buying tbills with money given to them.
what have we to look forward to but more property tax increases, more sin taxes, more government hands in our pockets. it is alarming. The middle class continues to be the engine for the money that the rich need to stay rich. When do we get to say that enough is enough?
such a rosy thought for a Monday, huh?
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