What is happening with the budget in Illinois has the possible beneficial side-effect of creating awareness of the massive underfunding of public pension debt. This and on a national level the underfunding of Medicare and Social Security represent by far the greatest threats to our economic and social well-being.

Below are links to a recent piece I wrote as well as an article from Bloomberg:

http://www.loanmine.com/CustomPage434.x

https://www.bloomberg.com/graphics/2017-state-pension-funding-ratios/