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Post by Deleted on Jul 25, 2014 6:16:18 GMT -6
The corruption in this state defines this state. It's too late to change the past, but the fruits of past money mismanagement includes the closing of schools and canceling of social programs needed by the elderly, special needs people, and children.
It's a "given" that the corruption is going to have to stop. Let's change what we can and move forward.
If we don't raise money somehow, this state is going to become unlivable. I believe it's close to that NOW!
I'd leave if I could, that's for sure!!
The money is going to have to come from SOMEWHERE!
Any ideas?
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Post by OutlawwithaSnipeSniper on Jul 25, 2014 6:57:57 GMT -6
Yea, but no one wants to address it.........
1.) CUT THE d**n STATE EMPLOYEE LIST!
2.) I don't care what you say we can or can't do, we HAVE to bring pension costs in line with resources.
3.) Well, there wouldn't need to be a 3 if we did 1 and 2.
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Post by Deleted on Jul 25, 2014 7:54:58 GMT -6
Yea, but no one wants to address it......... 1.) CUT THE d**n STATE EMPLOYEE LIST! 2.) I don't care what you say we can or can't do, we HAVE to bring pension costs in line with resources. 3.) Well, there wouldn't need to be a 3 if we did 1 and 2. Your response has some validity, but if we bring state pensions down to where they are "in line with resources" - there will be no pensions...that's not right OR lawful, either.(IL Constitution)
Public employee's salaries should be reviewed and adjusted to reflect a fair rate of compensation...(...what's "fair" is an impossible point of negotiation...it's not gonna' happen.)
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Post by Deleted on Jul 25, 2014 9:23:04 GMT -6
Looks good to me...
This economic stuff is all inter-related and interwoven into the fabric of our state's citizen's lives. Cause and effect personified.
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Post by OutlawwithaSnipeSniper on Jul 25, 2014 13:18:01 GMT -6
That's as flippin stupid as Nancy Pelosi saying Unemployment benefits return 1.67 for every dollar spent.
First off, there is NOTHING concrete where you can say if we cut this public spending, that much private sector will be affected.
Pure supposition and voodoo economics. Those folks will not suddenly stop eating, and the money not sucked up by the state will do a couple of things, first it will put it in the hands of those who produced it, allowing THOSE who produced it to utilize it for what they feel is best, and more importantly, with someone showing fiscal responsibility, manufacturers might just feel comfortable returning to this state, which WILL produce more tax revenues.
The huge problem is sacred cows in this state. No matter how you show the disparity in benefits between being a private versus public sector employee, there is always a ghostly howl from those public sector workers who just can't see themselves working past 30 years and retire with less than free healthcare and 80-100K in retirement earnings.
That just AIN'T gonna fly, Constitution or not.
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Post by Lucky1 on Jul 25, 2014 13:40:41 GMT -6
I agree Sniper. I have a son who is a state worker and we argue about this all the time. He will retire at the age of about 50 from the state because he will be losing money if he continues working. They all know their date when that happens. When they don't have to pay union dues, gas and car maintenance, and other work related expenses there is a date when it is cheaper to retire. He argues that he pays into his retirement but I argue that he doesn't pay in nearly enough to cover what he will be making. They all work the highest paying jobs they can right before retirement too. It has to stop somewhere.
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Post by oldtimer on Jul 25, 2014 13:46:46 GMT -6
Privitize schools. Privitize prisons. Privitize as much as possible. Eliminate township government.
The only other state that has more taxing bodies than Illinois is California.
Want to create jobs? Eliminate taxes. Small businesses would love to add workers but all the taxes prohibit that.
Less government.
Get the government out of as much as possible. Its getting worse and worse.
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Post by Deleted on Jul 25, 2014 17:33:51 GMT -6
I agree Sniper. I have a son who is a state worker and we argue about this all the time. He will retire at the age of about 50 from the state because he will be losing money if he continues working. They all know their date when that happens. When they don't have to pay union dues, gas and car maintenance, and other work related expenses there is a date when it is cheaper to retire. He argues that he pays into his retirement but I argue that he doesn't pay in nearly enough to cover what he will be making. They all work the highest paying jobs they can right before retirement too. It has to stop somewhere. Maybe limit the pensionable years to 30 and raise the age of retirement to 65, for starters.
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Post by Deleted on Jul 26, 2014 7:15:46 GMT -6
Most public sector employees I know are convinced they fund their pensions themselves period.. I say lets let them do it that way...
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Post by dog on Jul 26, 2014 12:02:58 GMT -6
I don't think that the revenue from the increased tax by the state has done anything to reduce the problem. I doubt any more taxes would help either. Pensions are a big expense to the state.Even thought these are supposedly guaranteed by the Illinois Constitution, I would think it would be foolish for some of these receipients to believe that the money would actually be there for them considering the current condition of the states finances. I would have to look at it more in depth, but maybe I would offer these people a lump sum of 5 years worth of pension, in exchange for what they currently have. I really don't like the idea of breaking a contract that was made,after the fact, but I am not really seeing an easy solution to the problem. Heck I cant even see any solution whatsoever that wont pi$$ off a ton of people.
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Post by ironeagle on Jul 26, 2014 12:36:42 GMT -6
Better Idea called Make the Pensioners Pay INCOME TAX on their Pensions also. They Pay Income tax on their Wages so why not make them Pay them on their Golden Parachute Pensions also here in IL. Most other States TAX Pensions Except for Social Security income so why not IL. Even at 3% the based on what I could find in payed out amounts for 2010 the state would have taken in over 2.5 BILLION In REVENUE. That would for sure FIX the BUDGET you think.
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Post by evaryman on Jul 26, 2014 15:56:59 GMT -6
Both Dog & Ironeagle have ideas that sound simple & easily implemented. I'd support both ideas. Now folks explain to us why they won't work.
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Post by chevypower on Jul 26, 2014 16:17:07 GMT -6
their too busy robbing people to really care or fix the problem................
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Post by chevypower on Jul 26, 2014 16:17:26 GMT -6
their too busy robbing people to really care or fix the problem................
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Post by dog on Jul 27, 2014 7:55:37 GMT -6
Both Dog & Ironeagle have ideas that sound simple & easily implemented. I'd support both ideas. Now folks explain to us why they won't work. The problems aren't in the ideas themselves, the problem is that after they implement these plans ( either a tax hike or cost cutting plan) officials see this as new revenue to fund something else and to expand government. The money almost never goes to pay down the debt. It is a never ending cycle.
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