Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Just Crazy that every other state is cutting their budget and IL is increasing theirs. Even CA is cutting 10% of salaries. But IL? No way! Nothing has changed, nothing.
“That’s when the state’s primary revenue sources — individual and corporate income taxes and retail sales taxes — began an estimated $3.8 billion nosedive.”
That ‘nose dive’ hasn’t even stopped and keeps increasing in speed. $3.8B is a major underestimate. Then they will say “we never saw this coming!”
“We had a balanced budget before this crisis…”
Hey J. Beluga!!
Better open up real soon or you are in bankruptcy…