Re:Absent aid, few US cities will be able to avoid austerity
by throwaway0a5e on Tuesday September 22, 2020 @06:08PM
(#24560557)
If the county is bankrupt but the people in it are enjoying a high standard of living then I would call that "working"
Government's job is to provide for its constituents as prescribed by said constituents, not to collect taxes, sit on cash or build things. Being bankrupt or not doesn't really matter any more than it affects the government's ability to carry out the will of the people and if the will of the people is to do nothing then bankruptcy probably won't be much of an impediment.
Government's job is to provide for its constituents as prescribed by said constituents, not to collect taxes, sit on cash or build things. Being bankrupt or not doesn't really matter any more than it affects the government's ability to carry out the will of the people and if the will of the people is to do nothing then bankruptcy probably won't be much of an impediment.