Main Menu
collapse

Resources

Recent Posts

Shaka’s mess by mileskishnish72
[Today at 05:54:18 PM]


Shaka's Response by panda
[Today at 05:51:05 PM]


2025-26 College Hoops Thread by Scoop Snoop
[Today at 05:28:06 PM]


Redshirts by MU82
[Today at 05:11:29 PM]


It’s Time to Think Bold by Uncle Rico
[Today at 04:44:54 PM]


2025-26 Big East Thread by GoldenEagles03
[Today at 04:30:39 PM]


2025 Transfer Portal by BCHoopster
[Today at 04:30:19 PM]

Please Register - It's FREE!

The absolute only thing required for this FREE registration is a valid e-mail address. We keep all your information confidential and will NEVER give or sell it to anyone else.
Login to get rid of this box (and ads) , or signup NOW!


dgies9156

Quote from: Pakuni on September 20, 2024, 10:21:17 AM
First, it's debt, not deficit.  Pretty important distinction.
Second, your figures are way off. By tens of millions.

Brother Pakuni:

Whether it's a deficit or a debt, it's a shortfall that will either have to be made up by the taxpayers of the State of Illinois or through astronomical returns on
existing invested funds.

Secondly, assume I am off by tens of millions. Let's assume it's $100 million. That's 50 basis points, which in the greater scheme of things, is nothing!

Telling government workers, "we'll cover it later" is bad policy, as Illinois has shown.

Previous topic - Next topic