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Three more ways to measure the differing fortunes of Illinois, Indiana

SEPTEMBER 21, 2015 | by Bill Bergman | REBOOT ILLINOIS

By Bill Bergman, Truth in Accounting, includes “From 2005 to 2013, amidst a dramatic decline in long-term interest rates to historic lows, interest on debt per capita rose nearly 50% in Illinois, while it remained relative flat in Indiana. In 2013, interest on debt in Illinois was nearly twice as high, on a per capita basis, as it was in Indiana. Every man, woman, and child in Illinois effectively had to “pay,” or will have to pay, $272 to the state government, just for interest expense on debt incurred on their behalf, before receiving any real government services...”

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