Today’s highly interesting read (06/21/17): Just get rid of Illinois

No automatic alt text available.

The above is from 2013.

There’s been no improvement.

Illinois is nearly $15 billion behind on its bills with no method to pay up. It has the lowest credit rating of any state. It might very well become the first state ever to get a “junk” rating on its debt. That would make borrowing next to impossible.  The deficit is $6 billion and the pension liability has skyrocketed to $130 billion.

Democrats in the state Legislature want to tax their way out of the crisis. The Republican governor wants meaningful reform measures.

Some foolishly suggest a federal bailout (Please God, no).

Columnist John Kass of the Chicago Tribune has a plan:

Dissolve Illinois. Decommission the state, tear up the charter, whatever the legal mumbo-jumbo, just end the whole dang thing.

We just disappear. With no pain. That’s right. You heard me.

The best thing to do is to break Illinois into pieces right now. Just wipe us off the map. Cut us out of America’s heartland and let neighboring states carve us up and take the best chunks for themselves.

What would Wisconsin get?

Read Kass’ column here.

 

One thought on “Today’s highly interesting read (06/21/17): Just get rid of Illinois

  1. Pingback: My Most Popular Blogs (06/26/17) | This Just In… From Franklin, WI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: