Illinois is at the edge of disaster, that is why this election is so important. I am committed to getting corrupt leadership out of the Legislature and protecting Illinoisans from bad government. #twill#ilgovhttps://t.co/UUFhO2Zc7L
* But the Bond Buyer’s reporter makes a good point…
….and my first thought when saw tweet, was what perfect timing since working on a little something about the $750M issue next week…..believe gov or his finance team in roadshow……"state credit fundamentals improving" https://t.co/vlOvGGEK0F
The true disaster for Illinois would be four more years of Governor Rauner.
- FormerParatrooper - Tuesday, Nov 21, 17 @ 10:54 am:
Reminds me of how my company meetings used to go. They would start out saying how bad things were, that we needed to do better and would end saying how much they appreciated what we were doing for corporate and how valuable we were.
Bond issue next week and he’s allegedly chasing Amazon? Way to sell it, Ol’ Gil. Put a poison skull and crossbones badge on your biker vest costume.
Rauner’s actions and rhetoric in office make sense if you conclude that he’s a bad faith actor, that he is willfully sabotaging the state where and when he can for whatever twisted pleasure he gets out if it.
What? We have one of the highest tax burdens in the nation, our unemployment rate is one of the highest in the US, we are losing population and we haven’t recovered all the jobs lost since the last recession.
- Colin O'Scopey - Tuesday, Nov 21, 17 @ 10:59 am:
==I am committed to getting corrupt leadership out of the Legislature and protecting Illinoisans from bad government.==
If you haven’t been able to move the needle one iota, what makes you think you can move it after what is widely believed to be a “wave” year.
There will be 2 waves, actually, in 2018: the Democrat wave that will reinstate the super-majorities in the IL House and the voters’ wave. That’s when the voters wave goodbye to Rauner.
- Colin O'Scopey - Tuesday, Nov 21, 17 @ 11:01 am:
==What? We have one of the highest tax burdens in the nation, our unemployment rate is one of the highest in the US, we are losing population and we haven’t recovered all the jobs lost since the last recession.==
The only thing missing from your diatribe is the old tripe: “and we’re going to be the next Detroit (or Greece, or blah blah blah).
Hi Mr. Pierre, and Ron (Sandack? We should just get lunch and yell at each other in person).
Yes Illinois is basically fine. You having sad feelings about the level of state taxation is not a material concern. The economy could expand faster, sure. The population could rise, or rise faster or whatever.
The state is fine, not perfect. Its taxes need to go up because while its structural deficit is addressed for now, the bill backlog isn’t accounted for in a way anyone would call stable. I didn’t say that would create prosperity, because taxes have nothing to do with prosperity beyond the most marginal sense in scenarios one does not see in first world countries.
Go snicker about this on the IPI Facebook page if you wish, it will not change that it is reality.
CrispyCritter - Unlike Pat Quinn, who lives to run, Rauner just wanted an expensive play toy. Didn’t work out the way he planned, once he’s out he’ll just look for another shiny object to play with - maybe another house or his own island.
I don’t think Illinois can survive without, among other reforms, a progressive income tax. I believe that electing Rauner will begin a chain of events that will more hastily lead to a progressive income tax compared to electing not-Rauner, so that’s why I am going to vote for him. The argument is not compelling, I admit, but everything else in this state is window dressing compared to that war.
- West Side the Best Side - Tuesday, Nov 21, 17 @ 11:48 am:
Forgot to put my name in at 11:34 and when tried to correct it 2 devices so far said was duplicate comment. Anyone else have that problem, not you OW, how do you do it?
Rauner is absolutely right. We were in bad shape when he became governor, but with his steely determination to set in motion his insuperable incompetence, phoniness, and meanness, we are now on the edge of disaster. Finally got something right, Ruiner.
No Ron, you have proven over and over to not understand economics.
You wish for Illinois to be like Kansas and Louisiana
Those states are in economic ruin because of
Supply side economics/Laffer curve/Hayek/Mises
Which only effectively transfers
Wealth upward to the super wealthy
Which is exactly what has happened
In those states
Where’s the promised growth?
=== The fact that Illinois is losing population because of rising taxes on middle class families…===
When people who move out of state are asked why, taxes are not the main factor. Just eight percent of those who said they were leaving claimed it was because of taxes (versus 14 percent of New York respondents and 8 percent of Marylanders). Which means that taxes were not the reason for 92 percent. Twenty-six percent of Illinoisans who said they were leaving claimed it was work/business related, 17 percent said weather/location, 15 percent said it was for a quality of life change, 9 percent said cost of living, and 6 percent said it was for family/friends or school related. https://capitolfax.com/2014/04/30/gallup-half-of-illinoisans-would-leave-if-they-could/
In addition, a recent study found that Illinoisans are not more likely to move than residents in other states. In per capita terms, Illinois’ gross out-migration rate ranks just 29th out of the 50 states and the District of Columbia. In other words, Illinois residents are actually less likely to move out than are residents of the median state. The reason for slow growth or population loss is that Illinois attracts fewer newcomers per capita than all but two other states. https://capitolfax.com/2017/09/08/illinois-problem-isnt-people-moving-out-its-that-theyre-not-moving-in/
That is only true if you do not believe in paying your bills. Which seems to be the Alt-right dog whistle these days. Is that the new standard of excellence in American business? That is what the Trumps and Rauners seem to think.
You see, it is just math. We couldn’t pay our bills at 3.75% and Rauner wants to go back to 3%?! If that is what passes for math at Dartmouth and Fordham, we may need to talk about decertification.
Deadbeats. Is that what phony conservatives have become? To save a few grand in taxes (on massive incomes) that will not be turned back into the economy while touting “Trickle Down”. I guess Kansas is fake news.
Man do they hate the truth and poor people.
No, we will stimulate the economy when we begin taking care of higher ed (all of ed) investing in infrastructure and paying the structural debt. That will stimulate the economy for those of us that are not mega millionaires.
Illinois does not have the highest tax burden in the US. You want it too, but it doesn’t. And every state gets their money one way or another.
You keep flying that flag for the “trickle down” phonies.
So … as the occupant of the most powerful Governor’s office in the nation
Exactly what percentage of the approved budget has Rauner sequestered or otherwise set aside?
What amount of waste, fraud, and abuse have Rauner’s Directors identified and cut?
What other steps within his executive powers has Rauner ordered to curtail spending?
- NeverPoliticallyCorrect - Tuesday, Nov 21, 17 @ 12:45 pm:
Tired of the same old song but it needs to be said. Il is in a mess because of incompetent governance from both parties over decades. Everyone know we can’t cut our way out of this mess but to deny the ever increasing tax burden is delusional. What any candidate for governor should be advocating for is an end to the cozy deals that state employee unions have had for years. They also have to commit to funding the pension systems. And they need to move to a defined contribution retirement plan. Then someone needs to do a complete needs analysis of Illinois, infrastructure and vulnerable citizens. At the same time no new unfunded mandates for public schools for at least 5 years. Finally, the next legislature should enact redistricting reform for the 2020 election. That would be a great start. Too logical so never mind, this will never happen.
- Someone you should know - Tuesday, Nov 21, 17 @ 12:59 pm:
- Anonymous - Tuesday, Nov 21, 17 @ 12:16 pm:
We do have a lot of unionized public workers who could care less about the rest of the citizens of IL.
You mean the fire service and the police, or the nurse, or the guy who changes your tire in he rain and snow, or the snow plow driver out at 2am in a blinding snow storm, or the DCFS worker walking into a dangerous house to protect a child
Right, none of these folks care about illinois.
Bring this tripe elsewhere, and get your head out of the sand.
At least IL economic growth was 2.2% in the second quarter of the year. Higher than the national average.
- NoLongerFollowing - Tuesday, Nov 21, 17 @ 2:24 pm:
= We can’t pay our bills now JS and we have one of the highest tax burdens in the nation. Time to cut spending. =
As CFO me and the Director asked to cut expenses in our own Agency and we were blocked by GOMB. As a true Fiscal Conservative, I do not think Rauner cares about saving money (as $100’s million of late payment interest proves).
- NobodysAccountable - Tuesday, Nov 21, 17 @ 2:34 pm:
I’m thankful Bruce obviously got his medicinal prescription filled before the holiday weekend.