"In fact, in Feelingstown, facts become insults: If facts debunk feelings, it is the facts that must lose." Ben Shapiro
Friday, December 21, 2007
How does this work?
The state of Ohio's unemployment fund is going broke.
What I don't get is how a fund that takes in 1.05 billion and pays out 1.07 billion is about to go bust (HT daily bellweather). What the hell do they invest these funds in, a Spear's Girl Chastity fund?
Look at the blue curve on this schedule... where the hell is the money going?
Once again, I'm not as smart as a "journalist" but it occurs to me that if you are taking in about the same amount that you're spending, how does your fund go broke?
Maybe a question one of those journalist types can ask.
Labels:
Local Governance
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment