Longtime Democrat-controlled state governments are running out of other people’s money. Three states in particular are in varying degrees of budgetary crisis. Illinois, Connecticut and New Jersey are swimming in debt and yet Democrats’ only solution is to call for tax increases, not spending cuts. Illinois is especially bad, finding itself staring at a growing debt crisis owing primarily to the cost of public pensions. It recently passed a massive tax hike, though Republican Gov. Bruce Rauner vetoed the bill over its failure to deal with the root cause of the problem — the public employment system. But the state senate’s Democrat majority overrode Rauner’s veto, displaying once again that Democrats dance to the tune of big unions over and against the interests of citizens. Is it any wonder that Illinois has seen its population decrease by over 500,000 since 2010?
Both Connecticut and New Jersey find themselves in similar predicaments..