The Weekend Interview: Blue State Turnaround Artist

The Wall Street Journal ^ | March 6 2015 | Collin Levy

[fifedom]

Welcome to government in Illinois, the worst-managed state in the country. The Land of Lincoln is buried under staggering debts, including a projected $6.7 billion operating gap for the next fiscal year and an $111 billion unfunded pension liability. Government unions and politicians engage in legal collusion that fleeces taxpayers. Between 2002 and 2014, 86% of Illinois state lawmakers received union contributions, according to the Illinois Policy Institute.

[fifedom]

Good luck to Gov. Rauner. He will need it.

[fifedom]

The complete article is available at:

http://commentators.com/the-weekend-interview-blue-state-turnaround-artist-wsj/

[M Kehoe]

Good luck to Gov. Rauner. He will need it.

Methinks the governor will need divine intervention.

5.56mm

[M Kehoe]

Ping a ling.

5.56mm

[stephenjohnbanker]

Obama will bail out Ill with taxpayer money, one way or the other. He may use Goldman Sachs to bury the scent.

[hoosiermama]

Aka known as
The Land of LinkedCons

Someone needs to be watching the governors back

[M Kehoe]

Good afternoon.

You could very well be correct.

I can see Rahm hawking junk bonds in NYC, from my back porch.

5.56mm

[entropy12]

I am so happy we said goodbye to Illinois in 1997.
It has slowly deteriorated steadily since Gov. Ogilvie increased state income tax rates and was then defeated in the next election.

[stylin19a]

Illinois Income Tax started with Ogilvie.

Rauner is only a fiscal conservative. He’s a liberal everywhere else.

We are so hosed.