Leaving Illinois for Wisconsin? (Chicago, Hamburg: utilities, law, legal)

[Jon998877]

Originally Posted by Surgzown

Again Jon998877 doesn’t have a clue what he is talking about, first he claims Texas is booming, then says Dallas and Houston aren’t part of Texas, because he can’t come to grips with reality that those cities which provide Texas with the most money are at about the same rate nationally as the rest of the US, along with Illinois. Nice set of data fake economist

You are the one that said Texas and Illinois had the same, I just made you look foolish once again... You also claimed Texas was nearing BK, again that was proven wrong.. are you EVER right?

DFW is 3.1%, Chicago is at 4%.... you see a trend here of you always being wrong???

[Surgzown]

And apparently Jon998877 can’t read worth a lick. Even with two Master’s degrees from the Hamburger University. Texas is in fact going broke. BROKE. Public Pension funds. Broke.

https://www.kvia.com/news/texas-publ...broke/56467308

[Jon998877]

Springfield has the lowest unemployment of the Illinois metro areas... there are 15 Texas metro areas with a lower unemployment rate than Springfield, FIFTEEN!!!!

[Surgzown]

Originally Posted by Jon998877

You are the one that said Texas and Illinois had the same, I just made you look foolish once again... You also claimed Texas was nearing BK, again that was proven wrong.. are you EVER right?

DFW is 3.1%, Chicago is at 4%.... you see a trend here of you always being wrong???

Dallas Fort Worth is at 3.8% according to the BLS. Along with the rest of the nation. Try again. Do you ever get anything right fake economics professor?

[TheEnigmaMachine]

I suppose at the end of the day virtually nothing can save Illinois long term. Mathematically the consequences of the state’s debt profile coupled with its pension liability, bond issues, spending and net revenue loss via population shrinkage make failure not a matter of if but when. Even if they were to tax the rich at 100% sooner or later they will run out of money, it would just take longer.

I guess that is what is so frustrating really. In their heart of hearts the leaders of this state I am sure realize full well how dire their situation is. They might be ideologues but I doubt they are truly inept enough or willfully ignorant enough to not recognize the gravity of the situation. So they are either incredibly stupid or extremely dishonest. In either case, the net result will be the same.

[Surgzown]

Originally Posted by TheEnigmaMachine

I suppose at the end of the day virtually nothing can save Illinois long term. Mathematically the consequences of the state’s debt profile coupled with its pension liability, bond issues, spending and net revenue loss via population shrinkage make failure not a matter of if but when. Even if they were to tax the rich at 100% sooner or later they will run out of money, it would just take longer.

I guess that is what is so frustrating really. In their heart of hearts the leaders of this state I am sure realize full well how dire their situation is. They might be ideologues but I doubt they are truly inept enough or willfully ignorant enough to not recognize the gravity of the situation. So they are either incredibly stupid or extremely dishonest. In either case, the net result will be the same.

Yeah, and it’s a shame, right? California is broke, Texas is broke, New Jersey is broke, New York is broke, Connecticut is broke, Maine is broke, Ohio is broke, Florida is broke. Should I continue? Taxes are going up everywhere in basically every state no matter how you look at it. So tell us where the land of milk and honey is at? That’s right, you can’t.

[Jon998877]

Originally Posted by Surgzown

And apparently Jon998877 can’t read worth a lick. Even with two Master’s degrees from the Hamburger University. Texas is in fact going broke. BROKE. Public Pension funds. Broke.

https://www.kvia.com/news/texas-publ...broke/56467308

Can you understand this or do you need help???? This is pension debt only

2. Illinois
Total liabilities: $214.78 billion
Total assets: $54.3 billion
Debt ratio: 268.9 percent


29. Texas
Total liabilities: $136.87 billion
Total assets: $307.92 billion
Debt ratio: 47.7 percent

[Jon998877]

Originally Posted by Surgzown

Yeah, and it’s a shame, right? California is broke, Texas is broke, New Jersey is broke, New York is broke, Connecticut is broke, Maine is broke, Ohio is broke, Florida is broke. Should I continue? Taxes are going up everywhere in basically every state no matter how you look at it. So tell us where the land of milk and honey is at? That’s right, you can’t.

Again, Texas is not broke... comparing it to the mess we have in Illinois is just proving your ignorance. My guess is some of the other states you mentioned are too...

[Surgzown]

Originally Posted by Jon998877

Can you understand this or do you need help???? This is pension debt only

2. Illinois
Total liabilities: $214.78 billion
Total assets: $54.3 billion
Debt ratio: 268.9 percent


29. Texas
Total liabilities: $136.87 billion
Total assets: $307.92 billion
Debt ratio: 47.7 percent

Now can you understand this or not, you probably need help, how much money does Texas pay for its natural disasters every year? That money comes from Texas coffers. How much do they pay? How many emergencies have they declared? I’m going to teach you something today. Texas leads the entire nation in natural disasters. One disaster can equal billions of dollars. Do you understand fake economist?

[Surgzown]

Originally Posted by Jon998877

Again, Texas is not broke... comparing it to the mess we have in Illinois is just proving your ignorance. My guess is some of the other states you mentioned are too...

And yes Texas is broke, just because you say it isn’t doesn’t make it true. You’re just showing your ignorance and know nothingness to a public forum. You want to make yourself look like a Hamburger professor, you’ve done a great job already.