Congrats California

iVillage Member
Registered: 02-14-2010
Congrats California
40
Sun, 07-11-2010 - 12:19am

The state most likely considered to go into default has shifted to Illinois.


Why is it the race to the bottom always finds blue states in the lead?


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iVillage Member
Registered: 02-28-2010
Sun, 07-11-2010 - 12:53pm
Maybe if the red states would quit taking more than they send regarding federal taxes - the blue states could keep more.
iVillage Member
Registered: 11-27-2009
Sun, 07-11-2010 - 1:35pm

You mean you don't agree with giving to those states that are more needy by taking from those states that have more?


FYI: Illinois' money issues go far beyond the notion that if the government didn't take a larger % of their revenues b/c they have a larger tax base that more rural, less populated states they'd be ok.

iVillage Member
Registered: 02-14-2010
Sun, 07-11-2010 - 1:48pm

What we actually see in blue states is the same old routine that's proven to fail everytime.


Illinois, California and Ney York all fund their current 'high' wages by hiding their debt. All 3 of those states pay higher than deserved current wages by underfunding their retirement programs. We see the same thing on the federal level with Social Insecurity. The article I posted mentions that the state of Illinois has been able to function these past decades by underfunding their state pension plans to the tune of hundreds of billions of $$s.


Short-term gain for long-term pain is the democrat motto.


iVillage Member
Registered: 11-27-2009
Sun, 07-11-2010 - 2:07pm

The public pension system in Illinois is just one of the many problems that the state government has screwed up.


Quinn is just moving along a similar path of Blago http://www.huffingtonpost.com/2010/07/06/pat-quinns-staff-get-rais_n_636605.html


The raises probably really aren't significant to the budget as a whole in Illinois, but when university professors are being told to take furlough days during the semester and then are also being told that they are to not have contact with their students during those days in any teaching capacity....school districts are downsizing staff while being owed millions from the state...and money

iVillage Member
Registered: 09-08-2006
Sun, 07-11-2010 - 2:22pm

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Factual information to back up your accusation

 

iVillage Member
Registered: 02-14-2010
Sun, 07-11-2010 - 4:01pm

Yip!


Illinois and liberal economic policies in general are simply nuts.


A couple years ago my BIL worked as a contractor for the state of Illinois as a programmer making $55/hr. The state had this 'promote from within' thing going on so what they did was slowly cut out the programmers and move in state employees. My BIL was the last programmer left in the department and none of the state employees promoted from within knew how to program. Many of them, making very good money BTW, would just come into work and sleep. The state fingured they had gotten themselves into a little bit of trouble so asked him to train the state employees. He refused and was shorly replaced with another state employee that didn't know how to program either.


My BIL started looking for a new job and found one working about 100 miles away in Missouri. He would commute weekly and got a good pay raise to $70/hr. He worked at the new job for about a year. He and my sister decided to start a family so he began looking for a new job closer to home.


Guess what he found? The state office that had hired a bunch of state union thugs with no training to be programmers had predictably fallen into shambles and the state was desperate.


He got his old job back doing the exact same thing he was doing only a year earlier. The only diff is now he makes $77/hr and doesn't have the long communte.


iVillage Member
Registered: 02-14-2010
Sun, 07-11-2010 - 4:12pm

High risk = high return. They are not using the funds like a casino. They HAVE to go after the high risk funds in order to fund those gold-plated programs.


iVillage Member
Registered: 09-08-2006
Sun, 07-11-2010 - 4:35pm

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No, high risk does not equal high return.

 

iVillage Member
Registered: 02-14-2010
Sun, 07-11-2010 - 5:06pm

"No, high risk does not equal high return.

iVillage Member
Registered: 09-08-2006
Sun, 07-11-2010 - 5:18pm

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