Monday, November 3, 2014

Because Of Progressiveism, Bankruptcy Is An Option

Sometimes, when a business needs to get its books in order to make their particular business profitable.

This theory can be applied to cities who on that road because of the implementation of progressive policies.

There are an increasing number of cities which are applying for bankruptcy. For the most part it is because of the the contracts which had previously been signed by the democratic office holders which have been one-sided towards public sector unions.

The problem is this, the more money which is spent on the public sector unions, the less that is available for the running of any particular city.

It is not just the unions that are causing these cities to go into bankruptcy, it is the politicians that spend the money that they do not have, on projects that, in most cases, the people do not want. They vote themselves raises they do not need and refuse to see they need to take a pay cut to save their respective sales.

Progressive policies tend to make things bad and the more of these policies are passed the worse things get until these particular cities get to the point of bankruptcy. Then, what you get is the unions and others crying when cuts happen because it hurts them int their pocket books but it helps the towns and cities stay solvent and in operation.   

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