[quote=briansd1]CA renter, your solutions won’t work. They are all conditional on each other and that’s not how the real world works.
In the real world, you get what you can.
If nothing is done, municipalities will go into bankruptcy one after another. That could be the best solution of all.
The response to the financial crisis is the same. If Congress won’t act, the Federal Reserve must step in.[/quote]
Brian: I’m curious. What would Congress do (if it acted)? And, what would the Fed do (if it acted)?
There is a much larger story here and it will have a catastrophic effect on unions, Big Labor and those city (Chicago, NYC, LA) and state (Illinois, California) “machines” that control votes, dispense patronage and provide significant GOTV muscle for the Democratic Party. You can certainly argue that demographic shifts are going to affect the Republican Party, especially the base, but what’s happening now across the country will have a similar destabilizing effect on the Dems, too.
If this influence peddling begins to erode as a result of municipal bankruptcies, changes in CBA and the increasing pisstivity of voters, well, maybe there is hope for this state after all.