Since the end of World War II, those ignorant politicians have been promising American Baby Boomers more and more entitlements while never collecting nearly enough money (stealing enough from others in the form of taxation) to cover them all, and it all began with the Ponzi scheme of social security.
Founded in 1870 in Springfield, Illinois, the Illinois Watch Company sold its first watch movement under the name Springfield Watch Company in 1872. The inaugural model was the Stuart, followed by the Mason, the Miller, the Currier, and finally the Bunn Special, a railroad watch that would become a cornerstone of the Illinois pocket-watch lines.
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But problems with finances began when the state failed to realize that a stranglehold on the economy spells disaster and political promises are failures waiting to happen.