Near-Junk Illinois to Sell More Bonds—Will Investors Buy In?

[cawacko]

yeah... I was just pointing out that CA was not much better than IL. That said, IL is spiraling and is going to go bust in the next decade.

We definitely have our own problems here but IL will be the first to go.

California is losing it's middle class. They are being replaced by poor immigrants and highly educated high earners. As long as that latter group continues to come the state will survive. Illinois and Chicago are not California. They can't continue on their pace.

[archives]

Do we really have conservatives here hitting on Illinois for fiscal irresponsibility when those same conservatives supported and heralded a recent tax cut that is projected to add nearly two trillion to the National Debt?

One thing we have learned is that there is no such thing as "conservative economics"

[cawacko]

Do we really have conservatives here hitting on Illinois for fiscal irresponsibility when those same conservatives supported and heralded a recent tax cut that is projected to add nearly two trillion to the National Debt?

One thing we have learned is that there is no such thing as "conservative economics"

So in your world Illinois is off limits because you don't like tax cuts on the national level. I'm assuming you are aware states aren't run the same as the federal government and politics include more than just the federal government?

And fyi, Desh and one or two others on your "side" have started threads about Hillary and the 2016 election yet you haven't told them to get over it and stop talking about her. Why is that?

Edit: I'm also assuming you know what bonds are and how they work on the state level.

[hvilleherb]

I wonder what's taking Illinois to long to legalize and tax pot.