-By Warner Todd Huston
Obama’s Illinois perennially ranks at the very bottom of every statistic that marks a successful state and a new report on America’s “sinkhole states” finds that Illinois again ranks at the very bottom this time for how much state debt each citizen is saddled with.
The statistics gathered by the excellent Chicago-based budget watchdog group Truth In Accounting calculated how much state debt–obligations like pensions, healthcare plans for retirees, etc–each citizen would have to pay to retire the debt in a lump sum.
The group has dubbed the worst states as “America’s Sinkhole States.”
Truth In Accounting found that Connecticut is the worst state in the union with each citizens owing 48 thousand dollars per citizen to retire the debt. But coming in a close second is the state of Illinois with a whopping 43 thousand dollars per citizen in debt.
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Illinois a ‘Sinkhole State’: Rates Second Worst for Liability Per Taxpayer”
Barack Obama has given more payoffs, sweetheart deals, and new favorable regulations to Big Labor than any president in history. They should love him for his incredible largess. Next, in his never ending quest to harm the business community, defy the will of the voters, and give his pals in Big Labor paybacks, Obama’s National Labor Relations Board (NLRB) — a federal labor regulatory agency — is about to sue any state that dares attempt to protect the right of workers to have secret ballots in their workplace elections. The states have made the mistake of sponsoring worker’s ballot protection laws.