Could Illinois be the first state to file for bankruptcy?

[houndawg]

Good......thats what you get with corrupt liberals in charge.........shockingly similar to Michigan.

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Republican governor.

[UNI88]

Good......thats what you get with corrupt machine politicians in charge.........shockingly similar to Michigan.

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Republican governor.

Rauner has been governor for 2 1/2 years. He has contributed to current state but his contributions are minuscule in comparison to Madigan's (or even Thompson, Edgar, Ryan, Blago and Quinn's). Illinois' problems are much older and deeper than that.

Illinois isn't where it is because of liberal politicians. It is where it is because of machine politicians taking care of their buddies and not giving a sh!t about the taxpayer.

[Jjoey52]

Illinois isn't where it is because of liberal politicians. It is where it is because of machine politicians taking care of their buddies and not giving a sh!t about the taxpayer.[/quote]

California's machine is not going to be happy with Illinois being the first to totally run the state into the ground.



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[Chizzang]

California's machine is not going to be happy with Illinois being the first to totally run the state into the ground.

Meh... It's different
California is a HUGE producing state
And when I say HUGE I mean like it produces more than the bottom 25 states combined
Think about that for a minute and consider the absolute enormity of it

This is the GDP of #26 through #50 combined 2,460,771
This is California alone 2,524,033

Here they are in a row

26 Alabama 207,303
27 South Carolina 196,887
28 Kentucky 192,874
29 Oklahoma 181,089
30 Iowa 168,089
31 Utah 146,697
32 Kansas 146,219
33 Nevada 140,608
34 Arkansas 122,492
+ District of Columbia 121,798
35 Nebraska 112,208
36 Mississippi 106,880
37 New Mexico 90,810
38 Hawaii 79,595
39 New Hampshire 71,632
40 West Virginia 71,123
41 Delaware 66,150
42 Idaho 65,202
43 Rhode Island 56,323
44 Maine 55,137
45 Alaska 54,256
46 North Dakota 53,686
47 Montana 45,799
48 South Dakota 45,415
49 Wyoming 40,170
50 Vermont 29,750

Total GDP 2,460,771
vs.
California 2,524,033

[UNI88]

California's machine is not going to be happy with Illinois being the first to totally run the state into the ground.

Meh... It's different
California is a HUGE producing state
And when I say HUGE I mean like it produces more than the bottom 25 states combined
Think about that for a minute and consider the absolute enormity of it

This is the GDP of #26 through #50 combined 2,460,771
This is California alone 2,524,033

Here they are in a row

26 Alabama 207,303
27 South Carolina 196,887
28 Kentucky 192,874
29 Oklahoma 181,089
30 Iowa 168,089
31 Utah 146,697
32 Kansas 146,219
33 Nevada 140,608
34 Arkansas 122,492
+ District of Columbia 121,798
35 Nebraska 112,208
36 Mississippi 106,880
37 New Mexico 90,810
38 Hawaii 79,595
39 New Hampshire 71,632
40 West Virginia 71,123
41 Delaware 66,150
42 Idaho 65,202
43 Rhode Island 56,323
44 Maine 55,137
45 Alaska 54,256
46 North Dakota 53,686
47 Montana 45,799
48 South Dakota 45,415
49 Wyoming 40,170
50 Vermont 29,750

Total GDP 2,460,771
vs.
California 2,524,033

Whoa there Nelly. On another thread you were pretty condescending toward Kansas but they're #32. Ahead of 18 other states not just Vermont. They might not be cool enough for you coastal elites but they're not as bad as you implied. Are you promoting fake news?

[Chizzang]

Meh... It's different
California is a HUGE producing state
And when I say HUGE I mean like it produces more than the bottom 25 states combined
Think about that for a minute and consider the absolute enormity of it

This is the GDP of #26 through #50 combined 2,460,771
This is California alone 2,524,033

Here they are in a row

26 Alabama 207,303
27 South Carolina 196,887
28 Kentucky 192,874
29 Oklahoma 181,089
30 Iowa 168,089
31 Utah 146,697
32 Kansas 146,219
33 Nevada 140,608
34 Arkansas 122,492
+ District of Columbia 121,798
35 Nebraska 112,208
36 Mississippi 106,880
37 New Mexico 90,810
38 Hawaii 79,595
39 New Hampshire 71,632
40 West Virginia 71,123
41 Delaware 66,150
42 Idaho 65,202
43 Rhode Island 56,323
44 Maine 55,137
45 Alaska 54,256
46 North Dakota 53,686
47 Montana 45,799
48 South Dakota 45,415
49 Wyoming 40,170
50 Vermont 29,750

Total GDP 2,460,771
vs.
California 2,524,033

Whoa there Nelly. On another thread you were pretty condescending toward Kansas but they're #32. Ahead of 18 other states not just Vermont. They might not be cool enough for you coastal elites but they're not as bad as you implied. Are you promoting fake news?

I used actual 2016 numbers
and Kansas produces .08 of the National GDP
and the lowest amount of productivity per population or working age citizen

Kansas produces less per person than every state but Vermont (which I also criticized)
States like Alaska have very low populations but actually have average production per citizen

[Jjoey52]

According to your list Illinois is doing great too as they are not on it. At least many of the states were n this list are not going bankrupt like Illinois and soon to be followed by Cali.


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[HI54UNI]

What to do with a broken Illinois: Dissolve the Land of Lincoln

http://www.chicagotribune.com/news/colu ... olumn.html

[Ibanez]

What to do with a broken Illinois: Dissolve the Land of Lincoln

http://www.chicagotribune.com/news/colu ... olumn.html

I like it.HOWEVER...we'd have to recall all the American Flags and remove a Star.



Or keep the star for DC.




No, Remove the Star. Hell, remove the star and Dissolve DC!

[Aho Old Guy]

What to do with a broken Illinois: Dissolve the Land of Lincoln

http://www.chicagotribune.com/news/colu ... olumn.html

Being that each year Illinois pays roughly $20 billion more in federal taxes than they receive in federal services, multiple Red State Deadbeats who suck the life out of the US Treasury each year will have to be dissolved ...

[kalm]

You're all talking like bankruptcy is a bad thing, or something.

[Ibanez]

You're all talking like bankruptcy is a bad thing, or something.

Sometimes it's the smart move. It ruins your credit...but plenty of people have gotten to the 700s and higher a year out.

[CAA Flagship]

You're all talking like bankruptcy is a bad thing, or something.

[HI54UNI]

What to do with a broken Illinois: Dissolve the Land of Lincoln

http://www.chicagotribune.com/news/colu ... olumn.html

Being that each year Illinois pays roughly $20 billion more in federal taxes than they receive in federal services, multiple Red State Deadbeats who suck the life out of the US Treasury each year will have to be dissolved ...

Get me 50 cc of sense of humor! Stat!

[Ibanez]

Being that each year Illinois pays roughly $20 billion more in federal taxes than they receive in federal services, multiple Red State Deadbeats who suck the life out of the US Treasury each year will have to be dissolved ...

Get me 50 cc of sense of humor! Stat!

Dr, it says in his chart that Old Guy is allergic to humor. He's humor intolerant.

[Chizzang]

According to your list Illinois is doing great too as they are not on it. At least many of the states were n this list are not going bankrupt like Illinois and soon to be followed by Cali.

Joey,
The list is a GDP list (that anyone can find on the Dot.Gov sites)
It's the bottom producing states - NOT NECESSARILY - states about to go bankrupt

I was simply making a point that California is a very large producer
and because of that it will be almost impossible for it to go bankrupt
In fact last year California had a net surplus

again:
Please do some research
So you don't sound so uninformed

[kalm]

According to your list Illinois is doing great too as they are not on it. At least many of the states were n this list are not going bankrupt like Illinois and soon to be followed by Cali.

Joey,
The list is a GDP list (that anyone can find on the Dot.Gov sites)
It's the bottom producing states - NOT NECESSARILY - states about to go bankrupt

I was simply making a point that California is a very large producer
and because of that it will be almost impossible for it to go bankrupt
In fact last year California had a net surplus

again:
Please do some research
So you don't sound so uninformed

I think Focus on the Family has a really slick documentary on this very issue.

[Chizzang]

Joey,
The list is a GDP list (that anyone can find on the Dot.Gov sites)
It's the bottom producing states - NOT NECESSARILY - states about to go bankrupt

I was simply making a point that California is a very large producer
and because of that it will be almost impossible for it to go bankrupt
In fact last year California had a net surplus

again:
Please do some research
So you don't sound so uninformed

I think Focus on the Family has a really slick documentary on this very issue.

If only...

[Jjoey52]

The original comment about Cali being jealous was supposed to be a joke....but I forgot liberals are too bitter to have humor.


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[kalm]

The original comment about Cali being jealous was supposed to be a joke....but I forgot liberals are too bitter to have humor.


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Man...that was a scream!

[houndawg]

You're all talking like bankruptcy is a bad thing, or something.

Sometimes it's the smart move. It ruins your credit...but plenty of people have gotten to the 700s and higher a year out.

Pay cash for everything even if you have to pawn the spare tire.

[Ibanez]

The original comment about Cali being jealous was supposed to be a joke....but I forgot liberals are too bitter to have humor.


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You and BDK suffer from the same ailment - no sense of humor.

[BDKJMU]

The original comment about Cali being jealous was supposed to be a joke....but I forgot liberals are too bitter to have humor.


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You and BDK suffer from the same ailment - no sense of humor.

[Ibanez]

You and BDK suffer from the same ailment - no sense of humor.

It's true. It's ok. We accept you for who you are.

[SDHornet]

California's machine is not going to be happy with Illinois being the first to totally run the state into the ground.

Meh... It's different
California is a HUGE producing state
And when I say HUGE I mean like it produces more than the bottom 25 states combined
Think about that for a minute and consider the absolute enormity of it

This is the GDP of #26 through #50 combined 2,460,771
This is California alone 2,524,033

Here they are in a row

26 Alabama 207,303
27 South Carolina 196,887
28 Kentucky 192,874
29 Oklahoma 181,089
30 Iowa 168,089
31 Utah 146,697
32 Kansas 146,219
33 Nevada 140,608
34 Arkansas 122,492
+ District of Columbia 121,798
35 Nebraska 112,208
36 Mississippi 106,880
37 New Mexico 90,810
38 Hawaii 79,595
39 New Hampshire 71,632
40 West Virginia 71,123
41 Delaware 66,150
42 Idaho 65,202
43 Rhode Island 56,323
44 Maine 55,137
45 Alaska 54,256
46 North Dakota 53,686
47 Montana 45,799
48 South Dakota 45,415
49 Wyoming 40,170
50 Vermont 29,750

Total GDP 2,460,771
vs.
California 2,524,033

Yup. That's the thing that will keep bailing out CA. They will always find something else to tax.