Posted on 06/12/2017 2:43:54 PM PDT by detective
Illinois has long been the poster child for a dysfunctional state fiscal policy.
The state’s Republican governor, a formerly wealthy businessman, and the Democratic-controlled legislature have been perpetually locked in a race to the bottom as the Land of Lincoln has repeatedly flirted with near- bankruptcy and junk-bond level credit ratings.
(Excerpt) Read more at thefiscaltimes.com ...
“A democracy can only exist until the voters discover that they can vote themselves largess from the public treasury.”
Remove the city’s economic clout and the rest of the state would be in deep do-do. That is a fact whether we like it or not.
The Governor is not responsible for this disaster, why should he be punished?
No, the only solution, LONG TERM, is to refuse to bail them out. Let them default.
One thing I WOULD do, is stop ALL welfare in Illinois, and fire all the people administering the programs. Have it be that you would have to move to a different state if you wanted to apply for welfare.
Illinois would be Republican for a century afterwards. At least, the places that escaped being burned down.
Ahhhhhhhhhhhhhhhhhhhh......NO!
They made their bed, let them sleep in it. If they want new leadership, new laws, new policies that will turn the state around, let them vote for conservatives. Bailing them out only perpetuates the corruption and tells voters there is no consequence for voting in corrupt politicians.
Time for the City-states.
Carve CHI, NYC, and LA your of their respective states and give the rest of the people in IL and NY a chance. The House will be unaffected and at least in IL and NY the Senators will cancel each other out, so we’re to the good there.
Connecticut is the same. Very bankrupt.
Californiqa *is* bankrupt. It's just the financial part of the equation hasn't gotten there, yet.
I like the first idea about the state reverting to a territory. While the rest sounds good on the surface it blames it all on the current pols when in fact decades of bad management is to blame.
In IL is a republican really any different than a dem? I ask because the majority lives in Chicago, an extreme left city population, so what are the chances of a real republican getting elected? They would have to be so moderate that to us they would appear leftist.
Maybe if they would vote in Universal health care for all it would help (sarc)
how would their reps vote?
Believe it or not, we moved to Illinois from TEXAS. (People here cannot quite believe that, trust me.)
The state is mostly middle of the road politically speaking, but is totally poisoned by Chicago. (mayor Ramadan Emmanual emetic supreme)
Think about it, a Republican Governor...
If I had $20 million, I'd have fled the state. Rauner had to know there would be no dealing with DemocRATS. Has he never heard of Don Quixote?
The problem is if you live in a border state. They’ll all move to another state and bankrupt them.
FT did a commendable job in inserting irrelevant attacks on Trump and insinuating the Illinois Republican governor is somehow partially responsible for the impending bankruptcy of Illinois.
Some people are just content to say it’s everybody’s fault and so it’s nobody’s fault. That’s Illinois. They should go back to being a territory. As a territory they will lose their state powers and right to make laws. They become under the direct control of the federal govt.
Connecticut’s got to be pretty high on that list.
Why couldn’t the Framers had made it easier for portions of states to form their own states.
I’m in if they include Florida
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