Illinois is a mess. Taxes and spending already are too high, and huge unfunded liabilities point to an even darker future.
Simply stated, politicians and government employee unions have created an unholy alliance to extract as much money as possible from the state’s beleaguered private sector.
That’s not a surprise. Indeed, it’s easily explained by the “stationary bandit” theory of government. Continue reading “Illinois on the Brink of Fiscal Meltdown”



