Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
It takes $250K annually to just survive in Illinois! Then you really get the screws put to you.
Illinois will be the first state to declare bankruptcy. You watch and see! They already have their hand out for tax payer money to fix the shoreline of all those Democrat Lakefront properties.
My household income is near $250,000 and we live just fine, have savings, a house, two paid off cars, disposable income and so on. $250,000 is without a doubt, a lot of money, but you can live off a lot less than $250,000 in Illinois. $250,000 in Cali or NYC is a nothing burger, but it’s a decent income here.
First of all, $250,000 a year is not a lot, and secondly, I respectfully disagree that those ‘lucky’ enough to earn a whopping $250,000 should turn around and be required to fund IL’s retired pensioners.