Illinois in Abyss
Need I say anything more?
10 reasons why Illinois fell into financial abyss
#10. Failure to adjust significantly after 2008
#9. A tax system out of sync with the modern economy
#8. Pension payments are easy to put off
#7. Strict pension language in the state Constitution
#6. Tough non-budgetary demands
#5. Gubernatorial “union bashing”
#4. National ambitions?
#3. A “doubly new” governor
#2. Challenging the “alpha dog”
#1. Years of poor financial management
Read more about each of these 10 topics:
My #1 would have been the same, except I would have expanded it to include ".....under the leadership of Mike Madigan".
I would have had #8 as #2.
I would have dumped #4 and included something about the incompetence of George Ryan, Blago, and Quinnybaby.
What a mess we are in......
Out for now......
Matt
