That’s where I am too. There is no mechanism for a state to go bankrupt and we are best off testing and possibly creating that possibility in federal law. This state is in even worse condition than Illinois, we just don’t have our MANY bad cities in the news as much as Chicago.
Source date (UTC): 2018-09-01 15:49:59 UTC
Original post: https://twitter.com/i/web/status/1035917694057570304
Reply addressees: @SaveCTdotORG @BWY1994 @NedLamont
Replying to: https://twitter.com/i/web/status/1030508807150084098
IN REPLY TO:
@SaveCTdotORG
@BWY1994 @NedLamont State debt per person $23k, population decline esp. high earners fleeing, state economy has contracted in real terms since 2010. Pension and interest expense, already 31% of the budget, will quadruple over the next decade. CT is broke and in a death spiral unless we elect Bob
Original post: https://twitter.com/i/web/status/1030508807150084098
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