The state of Illinois is broke (has the state passed a budget yet?), and the dysfunctional city of Chicago is a big reason why. This is how unsustainable and plain insane Chicago is — the city’s public schools system will pay more in interest ($850 million) than the amount of the loan ($500 million). Robert […]
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- You know you’re fiscally irresponsible when the interest you pay on a loan is more than the loan. | Letters to a Young Conservative
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