william the wie
Gold Member
- Nov 18, 2009
- 16,667
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- #61
IL is tiptoeing to junk status and has been doing so for decades. CA is refusing to spend money for safety, is raising taxes and already has one of the worst out migration rates of any of the 50 States 5-15 states were in fiscal trouble under Obama and the Trump tax bill made the trouble worse starting today. IL or CA are the most likely triggers for 5-15 states being pulled into really deep trouble ranging from bond down grades to insolvency. So, IL or CA and 5 or 15 states getting into deep trouble. What's your call?
Hey...you can't bad mouth Illinois....we are the leading state for people leaving the state......now that is something the democrats should brag about.....pretty soon we are going to have a major public works project too.....the Illinois democrats are going to build a wall around the state to keep people from leaving....
The mortgage and SALT deduction caps are going to hurt a lot. but not as much as commodities exchanges moving to a lower SALT state with NYSEs coming along as well for better programmed trading. but at least you are not in CA. Year round fire seasons to finance out with insurance money is the coming sport out there.IL is tiptoeing to junk status and has been doing so for decades. CA is refusing to spend money for safety, is raising taxes and already has one of the worst out migration rates of any of the 50 States 5-15 states were in fiscal trouble under Obama and the Trump tax bill made the trouble worse starting today. IL or CA are the most likely triggers for 5-15 states being pulled into really deep trouble ranging from bond down grades to insolvency. So, IL or CA and 5 or 15 states getting into deep trouble. What's your call?
Hey...you can't bad mouth Illinois....we are the leading state for people leaving the state......now that is something the democrats should brag about.....pretty soon we are going to have a major public works project too.....the Illinois democrats are going to build a wall around the state to keep people from leaving....