It’s no secret. The liberal Democrats of Illinois have completely and totally destroyed the state.
They like to try and blame newly elected Republican Governor Bruce Rauner, but let’s not kid ourselves… This disaster has been in the making for decades. Decades under which tax-and-spend Democrats have been in charge.
What’s the solution? According to the Democrats who control both chambers of the legislature, the only way out is more taxes. A lot more taxes. Yes, even retroactive taxes. Permanent taxes.
The very kind of taxes that are chasing people out of the state in record numbers. The very kind of taxes that have played a significant role in the downfall of the state.
A column in the Chicago Tribune is floating a completely different idea. Divide up Illinois and piece it out to Wisconsin, Iowa, Missouri, Kentucky and Indiana.
Via Chicago Tribune.
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.
The group that will scream the loudest is the state’s political class, who did this to us, and the big bond creditors, who are whispering talk of bankruptcy and asset forfeiture to save their own skins.
But our beloved Illinois has proved that it just doesn’t deserve to survive.
Might seem extreme and far-fetched, but as they point out, not doing it is worse.
The alternative is hell. Illinois hasn’t had a state budget for years. The state continues to spend money it doesn’t have, and the state’s credit ratings have dropped, increasing the cost of borrowing more money we don’t have to keep the rotten shebang going.
Bills pile up; Moody’s Investor Service says taxpayers are on the hook for $251 billion in unfunded public union pension liabilities.
Boss Mike Madigan, king of the Democrats who control things, wants tax increases but no real structural reform to bring stability to The Venezuela of the Midwest.
And the whispers of bankruptcy won’t help the average (remaining) taxpaying chumbolones like you and me who don’t want to leave our homes but who’ll get stuck with the bills.
Poor little Wisconsin would get screwed in such a deal, however, in that in the proposed map Wisconsin gets saddled with the city of Chicago. Iowa, Missouri, Kentucky and Indiana would probably jump for joy. Because they get the parts of the state with fiscally sane voters.
Interesting idea. What say you?