Sane folks need to start bailing out of Illinois. It's a fiscal disaster because of powerful public sector labor unions. The taxes required to fund all these unfunded pension and healthcare benefits will be astronomical.
Illinois has combined $137 billion in pension and healthcare liabilities on top of $9 billion in current unpaid bills. Yet, Illinois legislators will not even ask 6-figure pensioners to pick up a portion of their health premiums. The Chicago Tribune reports Surprise! You owe another $54 billion...Who is to blame for this mess? Public unions. Politicians in bed with public unions. Voters who vote for politicians who are in bed with public unions.
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