thompsonx -> RE: A Tale Of Two States... (4/17/2012 3:44:57 PM)
|
quote:
ORIGINAL: subrob1967 It's no wonder you progressives want to recall Walker... You can't let Wisconsin become a better state than the president's own! quote:
Illinois has emerged as a poster child for fiscal irresponsibility. With its legislature beholden to public-sector unions, Illinois has long avoided financing state workers’ pensions out of its own budget. Instead, the state skips its contributions into retirement funds in some years and borrows money to finance the pensions in others. Since 2003, Illinois has floated more than $15 billion in pension-obligation bonds rather than pay for workers’ benefits out of its annual budget. Even with the borrowing, Illinois has one of the worst-funded pension systems in the country. One study estimates that the system could run out of money by the end of the decade. Illinois legislators have consistently avoided tough choices. *cough* Obama almost 130 times in his oh so short career as a state senator *cough* When the recession of 2008 curtailed tax collections, Illinois stopped paying its bills rather than cut spending. The state has accumulated a steep pile of IOUs, including tax refunds owed to corporations and Medicaid payments owed to doctors and hospitals. Though Illinois’ constitution mandates a balanced budget, the state has met that requirement only by ignoring those bills. The Chicago-based Civic Federation projects that, under current budget trends, the state’s backlog of unpaid bills would grow to $34 billion in five years. quote:
To accomplish that end, Walker looked not to Illinois but to Indiana, where in 2005 Governor Mitch Daniels had rescinded collective bargaining rights for state employees as the prelude to a vast restructuring of state government. Among the innovations Daniels put in place, once he no longer had to negotiate every change in compensation with the unions, was a money-saving benefits plan for state workers featuring individual health savings accounts. With moves like that, Daniels put Indiana on better footing to withstand the 2008 financial meltdown, one reason that the state today enjoys one of the soundest budgets in the country. The old joke goes, what lies between Cheeseheads, and Hoseheads? Fuckin' Illinois Shitheads. One has to wonder what sort of a shit head would be a member of one of those public sector unions. You don't belong to one of those "communist" public sector unions do you? Are all cops as disingenuous as you?
|
|
|
|