Illinois isn’t the only place where retiree health insurance costs are destroying state and local budgets. For the latest example of where the Land of Lincoln could be heading, look no further than Flint, Michigan.Unless the city of Flint enacts reform, retiree pension and health expenses will consume $0.32 of every $1 in Flint’s general fund. Emergency Manager Darnell Earley recently announced: “If we have no ability to mitigate the cost of retiree health care, that’s going to make it very difficult for the city to remain financially stable over the next few years.”
Flint managers did what they were ordered to do by the union fund managers, and that is why children got lead poisoning. Kanosian crimes also explain the mass evacuation of Detroit and the collapse of Chicago.
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