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<blockquote data-quote="JL 0513" data-source="post: 1299024" data-attributes="member: 50088"><p>New York City - $110 Billion in debt</p><p>Chicago - $33 Billion in debt</p><p>Detroit - $18 Billion in debt</p><p></p><p>Many other cities are in the 10's of billions. Not to mention pension costs are exploding which will make this far worse. </p><p></p><p>Sadly, this is "news" to most people as they keep their heads in the sand and continue voting the way they do. </p><p></p><p>Broke? If only. NYC has to pay back $110 BILLION just to get back to broke (zero). </p><p></p><p>The US has to pay back $17,500,000,000,000.00 just to get back to broke.</p></blockquote><p></p>
[QUOTE="JL 0513, post: 1299024, member: 50088"] New York City - $110 Billion in debt Chicago - $33 Billion in debt Detroit - $18 Billion in debt Many other cities are in the 10's of billions. Not to mention pension costs are exploding which will make this far worse. Sadly, this is "news" to most people as they keep their heads in the sand and continue voting the way they do. Broke? If only. NYC has to pay back $110 BILLION just to get back to broke (zero). The US has to pay back $17,500,000,000,000.00 just to get back to broke. [/QUOTE]
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