Maybe Hope for Illinois....?

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AJMD429
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Maybe Hope for Illinois....?

#1 Post by AJMD429 » Wed May 09, 2018 6:17 pm

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JerryB
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Re: Maybe Hope for Illinois....?

#2 Post by JerryB » Wed May 09, 2018 7:20 pm

I think it is time the real folks of that dictator state did something, good for them !!!
JerryB II Corinthians 3:17, Now the Lord is that Spirit: and where the Spirit of the Lord is, there is liberty.

JOSHUA 24:15

rabbit hunter
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Re: Maybe Hope for Illinois....?

#3 Post by rabbit hunter » Tue May 15, 2018 2:46 pm

I missed your point. What are the real folks doing? It's my home state, but I'm way out west now so I haven't heard any positive news. I'll never return there.

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Re: Maybe Hope for Illinois....?

#4 Post by wecsoger » Tue May 15, 2018 3:48 pm

Good for them, but realistically, seceding from the state is the only real solution.

No one, well, very few people are talking about how bad things are for Illinois in general and Chicago in particular.

Both have pension systems the courts say can't be touched/reduced that through financial mismanagement have a deficit of billions. Combined, not single digits, not tens, but hundreds of billions of dollars

They have infrastructure needs, crime problems, and a host of other issues they absolutely can not spend their way out of.

Just a matter of time now before either the city or the state defaults.

It's hit the reef, listing to port and it's just a matter of time.

Of course, then we will be expected to bail them out.

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KWK
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Re: Maybe Hope for Illinois....?

#5 Post by KWK » Wed May 16, 2018 12:20 am

wecsoger wrote:
Tue May 15, 2018 3:48 pm
Both have pension systems the courts say can't be touched/reduced that through financial mismanagement have a deficit of billions.
One recent report concluded it was not mismanagement but rather decades of politicians caving in to greedy public sector unions. The plot on page 3 sums it up, with the text on the following page giving the highlights. My kids have already figured out they will not settle here in Illinois.

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Re: Maybe Hope for Illinois....?

#6 Post by wecsoger » Wed May 16, 2018 4:00 pm

decades of politicians caving in to greedy public sector unions


I see your point, but I'm still comfortable with mis-management.

Yes, unions were greedy, but they weren't holding a gun to anyone's head. Pols caving, and can-kicking got them there.

Politicians were allegedly in charge, so there's my blame.

If you give your kid an ice cream bar every time he asks, can't really blame him for getting fat.

Regardless, they're in a mess and like Calvin and Hobbes going down the hill in the wagon, I see no way they can get things turned around.

Shame too, lot of people who didn't deserve it are going to be hurt, badly.

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Re: Maybe Hope for Illinois....?

#7 Post by KWK » Wed May 16, 2018 9:56 pm

Yeah, ultimately it is the politicians--and the people who elected them. They created public sector unions, thus giving those employees monopoly pricing power over the wages and benefits the state must pay. As you pointed out, given the Illinois Constitution, there's no hope of fixing this mess. People will just have to leave. It was a great state when I was a kid, but it's downhill from here.

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