Multiple states are facing massive budget shortfalls due to decades of fiscal mismanagement, and if not addressed ASAP, they will wipe out state pensions.

Here’s an example for the state of Ohio published today on Fox News:

“My own state of Ohio is, regrettably, at the center of this crisis. According to a new report by the nonpartisan Equable Institute, the State Teachers Retirement System of Ohio (STRS) is between $20 and $30 billion in debt and will be unable to fully pay back the teachers who funded it throughout their careers. Equable also noted in its report that a stunning 44% of unfunded liabilities are from underperforming investments.”

The word is, lazy legislators will just pass the shortfalls on to taxpayers in multiple ways: mismanage the funds, wreck the pensions, and then just make the taxpayers pay for them. That’s the way of American government. But there is a strong possibility that might not happen this time because taxpayers are fed up and already on the verge of revolting. What if taxpayers say “hell no we’re not paying for that“? this time? Goodbye pensions.

Like it or not, we are on a massive economic bubble that is about to break in many ways. economic report release today says inflation is still rising by 3% and grocery prices are still going up. What happened to that golden age? Oh yeah that’s right, there is no golden edge. Oh but you’ll be happy to know that multiple new billionaires were made this year due to Trump‘s support of AI.

Politicians can only prop up the economy with loans, printed money, political slogans and propaganda for so long. Sooner or later, the chickens will come home to roost, and I do believe they are getting closer and closer every day. America has been living on borrowed time, and it is about to come to a screeching halt. All I’m saying is: set your house in order and be prepared.