Posted on 06/22/2017 8:03:39 AM PDT by Reily
This needs its own separate but more general topic. “What Do You Do With States That Get Into Fiscal Trouble Like Illinois?”
I guess Illinois is the worst case but are not California, New York and others not far behind?
Question: Can this be laid at the feet of Nixon’s “Revenue Sharing”? Doesn’t federal revenue sharing allow states to skate their own fiscal responsibilities, since Uncle Sucker (meaning other states!) will now pay its bills?
What are some solutions?
What happened the last time was Obama and the Democrats passed the $800 billion porkulus spending bill and bailed out poorly run states. Ain’t gonna happen this time. Illinois has to get its own state in order. Taxpaying voters of Illinois either have to throw the bums out, or vote with their feet. Taxpayers from other states should not have to bail out Illinois. That would essentially be taxation without representation.
Illinois lottery players may lose Powerball and Mega Millions at the end of June
https://www.lotterypost.com/news/313228
Do like the Obama administration did with GM: split it into two Illinois, a good one and a bad one. Then sweep the bad one under the rug.
And no financial aid from the rest of us. They got themselves into it, they can get themselves out.
They can’t print money or crap on the unions....
That would result in new prisons being built to house corrupt politicians. Jobs growth!
Use them of an example of what will happen to the US if we continue down the path we are on.
Entitlements are not free.
Government spending does matter.
Government promises for retirement are empty unless managed honestly.
Fiscal responsibility is a job of our representatives.
Force them to make the necessary cuts so everyone can see what happens.
Relegate them to the status as Puerto Rico. Reverse secession
No one addressed as to whether Nixon’s revenue sharing contributed!
My 2 cents.
1. State reverts to territorial status. Territorial governor and state office heads appointed by fed. All current elected members of state government both legislative, executive & judicial either fired or retired (like state judges!). All banned from state politics for at least two election cycles.
2. All state contracts including union voided.
3. No new state hires for at least two election cycles, then 1 hire for every 2 leaving. Any gaps can be filled by shuffling personnel or closing the position.
4. State retirees take a 5%-10% haircut.
5. Higher Education: 20% cut in state university administrative positions precedence of cuts done as most recent created to oldest.
6. Education K-12: 30% cut in all administrative positions.
7. Change in Illinois State Constitution (may already exist!): 2 Senators per Illinois county. This would increase the say of the rest of Illinois over places like Chicago.
8. Change in the Illinois State Constitution (again may already exist!) to allow the state government to decertify corrupt local governments like Chicago & Cook County.
9. State term limits for all elected officials in Illinois.
Yes raise taxes!!! Doesn’t even kindergarten teach that in order to fix failed liberal socialist problems that taxes need to be raised and more resources redistributed? Make Illinois a charter state of the BSSR, THE BLUE STATES SOCIALIST REPUBLIC! In BSSR life would be an utopia of flying unicorns, racial harmony, religious harmony, no firearms, no ID, open immigration, free medical care, and abortion chop shops on every block!
Yes but it the “elected official” who is the real culprit some state bureaucrat bad little say one way or the ether.
And unfortunately since it really is the elected official who is the decision maker by extension it’s the Illinoisan voter whose really at fault!
For believing in infinite money trees, unicorns & skittles from heaven!
Convert them to the status of Territories with no representation in the Congress. Assign a commission to oversee the finances of the Territory with authority to nullify some or all debt.Make the status to last for a minimum of 20 years. Make the terms of readmission as a state to be permanent balanced budgets and no state or local government borrowing possible. Ignore the courts which will oppose it all.
Let em go bankrupt. Then the pensions et al will have to be renegotiated
Ether = other!... grr!
We should do nothing.
The U.S. Constitution, in Article 4, Section 4, prohibits any federal bailout to a bankrupt state.
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