Main Menu
collapse

Resources

Recent Posts

Zaide Didn’t Travel With Team by Shaka Shart
[Today at 03:17:26 PM]


A question for the Scoop elders by willie warrior
[Today at 03:06:27 PM]


What would make you show Shaka the door in March? by Viper
[Today at 02:46:54 PM]


Marquette NBA Thread by tower912
[Today at 02:26:51 PM]


2025-26 Big East Thread by Shooter McGavin
[Today at 01:50:21 PM]


Top 50 HS Basketball recruits vs the Portal by panda
[Today at 01:03:17 PM]


How many guys stay? by panda
[Today at 12:58:59 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