Doughboy Pritzker

TigerGrowls

Heisman
Dec 21, 2001
46,544
35,579
113
And you libs want him to be potus???



Illinois has the most state pension debt in America — by a wide margin. How bad is it?

IL Pension Debt: $145.49B

The bottom 41 states combined: $145.77B

IL population: ~12.7M Bottom 41 states: ~180M

And Pritzker and his allies in Springfield are considering pension sweeteners that could add $76B+ more in costs for Illinois taxpayers.

This is not sustainable. This is a crisis.
 

SoProudNole

All-Conference
Jan 19, 2004
139,345
2,670
113
S.hit, this guy would be an improvement over the current skidmark we're stuck with.

 

hawkeyetraveler

Heisman
Aug 10, 2010
5,607
22,584
108
Pritzker inherited a colossal mess from his GOP and Dem predecessors. He has dramatically improved state finances and the trajectory is positive. But the state is far from out of the woods.

Y’all are doing the equivalent of blaming the relief pitcher for the fact he took the mound with the score 10-1 against his team.

There are plenty of reasons why Pritzker probably won’t be president, his fiscal decisions in Illinois are not one of them.
 

TigerGrowls

Heisman
Dec 21, 2001
46,544
35,579
113


🔥 Morton Salt Flees Illinois After 176 Years – Cites JB Pritzker’s Crushing Taxes and Failing Blue-State Policies

Morton Salt, the iconic American company founded in 1848, has officially moved its corporate headquarters from downtown Chicago to Overland Park, Kansas.

Critics and business advocates have pointed to the state’s high corporate tax rates, rising property taxes in Cook County, and plaintiff-friendly litigation environment as factors contributing to the decision.

Since the move, Morton Salt has deepened its commitment to the Kansas City area. The brand is now the official salt of the Kansas City Chiefs and has secured naming rights for a new Live Nation entertainment amphitheater in Riverside, Missouri.
 

Fasteddie24

Junior
Dec 8, 2023
299
304
63
Pritzker inherited a colossal mess from his GOP and Dem predecessors. He has dramatically improved state finances and the trajectory is positive. But the state is far from out of the woods.

Y’all are doing the equivalent of blaming the relief pitcher for the fact he took the mound with the score 10-1 against his team.

There are plenty of reasons why Pritzker probably won’t be president, his fiscal decisions in Illinois are not one of them.
Left by Democrats
 

hawkeyetraveler

Heisman
Aug 10, 2010
5,607
22,584
108

For me it is mostly about his fiscal policies. Here is the past 20 years per Gemini. Now I am NOT happy about this year’s deficit, although a lot of that is less federal funding which is a fiscal upside at a national level.

Outside that he has done a far better job than his predecessors of managing Illinois’ fiscal challenges. Look at the disaster than Rauner was in comparison. Today’s GOP are not fiscal conservatives. Trump is like Rauner, he loves a good deficit.

Fiscal Year (FY)GovernorPolitical PartyBudget Status (Deficit / Surplus)
2007Rod BlagojevichDemocraticDeficit (~$213 million)
2008Rod BlagojevichDemocraticDeficit (~$834 million)
2009Blagojevich / Pat QuinnDemocraticDeficit (~$2.8 billion)
2010Pat QuinnDemocraticDeficit (~$4.7 billion)
2011Pat QuinnDemocraticDeficit (~$5.1 billion)
2012Pat QuinnDemocraticDeficit (~$2.5 billion)
2013Pat QuinnDemocraticSurplus (Near-balance / minor surplus via tax hike)
2014Pat QuinnDemocraticSurplus (Minor operating surplus)
2015Pat Quinn / Bruce RaunerDem. / RepublicanDeficit (~$1.1 billion)
2016Bruce RaunerRepublicanDeficit (~$3.9 billion) (Budget Impasse)
2017Bruce RaunerRepublicanDeficit (~$5.5 billion) (Budget Impasse)
2018Bruce RaunerRepublicanDeficit (~$1.2 billion)
2019Bruce Rauner / J.B. PritzkerRep. / DemocraticDeficit (~$1.5 billion)
2020J.B. PritzkerDemocraticDeficit (~$1.1 billion) (COVID-19 volatility)
2021J.B. PritzkerDemocraticSurplus (~$975 million operating surplus)
2022J.B. PritzkerDemocraticSurplus (~$2.1 billion)
2023J.B. PritzkerDemocraticSurplus (~$726 million)
2024J.B. PritzkerDemocraticSurplus (~$450 million)
2025J.B. PritzkerDemocraticSurplus (~$262 million)
2026 (Est.)J.B. PritzkerDemocraticDeficit (~$267 million projected)
 
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fatpiggy

Heisman
Aug 18, 2002
25,437
24,192
113
For me it is mostly about his fiscal policies. Here is the past 20 years per Gemini. Now I am NOT happy about this year’s deficit, although a lot of that is less federal funding which is a fiscal upside at a national level.

Outside that he has done a far better job than his predecessors of managing Illinois’ fiscal challenges. Look at the disaster than Rauner was in comparison. Today’s GOP are not fiscal conservatives. Trump is like Rauner, he loves a good deficit.

Fiscal Year (FY)GovernorPolitical PartyBudget Status (Deficit / Surplus)
2007Rod BlagojevichDemocraticDeficit (~$213 million)
2008Rod BlagojevichDemocraticDeficit (~$834 million)
2009Blagojevich / Pat QuinnDemocraticDeficit (~$2.8 billion)
2010Pat QuinnDemocraticDeficit (~$4.7 billion)
2011Pat QuinnDemocraticDeficit (~$5.1 billion)
2012Pat QuinnDemocraticDeficit (~$2.5 billion)
2013Pat QuinnDemocraticSurplus (Near-balance / minor surplus via tax hike)
2014Pat QuinnDemocraticSurplus (Minor operating surplus)
2015Pat Quinn / Bruce RaunerDem. / RepublicanDeficit (~$1.1 billion)
2016Bruce RaunerRepublicanDeficit (~$3.9 billion) (Budget Impasse)
2017Bruce RaunerRepublicanDeficit (~$5.5 billion) (Budget Impasse)
2018Bruce RaunerRepublicanDeficit (~$1.2 billion)
2019Bruce Rauner / J.B. PritzkerRep. / DemocraticDeficit (~$1.5 billion)
2020J.B. PritzkerDemocraticDeficit (~$1.1 billion) (COVID-19 volatility)
2021J.B. PritzkerDemocraticSurplus (~$975 million operating surplus)
2022J.B. PritzkerDemocraticSurplus (~$2.1 billion)
2023J.B. PritzkerDemocraticSurplus (~$726 million)
2024J.B. PritzkerDemocraticSurplus (~$450 million)
2025J.B. PritzkerDemocraticSurplus (~$262 million)
2026 (Est.)J.B. PritzkerDemocraticDeficit (~$267 million projected)
On a national level, I hate how neither party will reign in spending. There is no appetite for it, from either side. Trump is just as bad if not worse than previous Presidents, you will get no push back from me.

DOGE was the opportunity, that was the chance and it was soundly rejected. I now go with the Elon philosophy and it's is the guiding light in my investing philosophy right now. And that is that GROWTH is our only way out. The only way. We either have massive growth or we are quite literally f ucked.

Look at our big tech companies. The "hyperscalers" are being punished right now because they are investing "too much" into R&D, i.e. growth. They have no choice.

I'll have to look into the surpluses, we all know numbers can be misleading. While Illinois Bond ratings have improved under his tenure, they are still the worst state in the Union. In other words, there wasn't much room to go anywhere but up. At the same time, I have seen my property tax bills, and they are greatly outpacing the rate of inflation. At what cost did in taxes did this surplus come?

While a surplus is better than a deficit, i have to wonder how fair of a benchmark that is on his performance.
 
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hawkeyetraveler

Heisman
Aug 10, 2010
5,607
22,584
108
On a national level, I hate how neither party will reign in spending. There is no appetite for it, from either side. Trump is just as bad if not worse than previous Presidents, you will get no push back from me.

DOGE was the opportunity, that was the chance and it was soundly rejected. I now go with the Elon philosophy and it's is the guiding light in my investing philosophy right now. And that is that GROWTH is our only way out. The only way. We either have massive growth or we are quite literally f ucked.

Look at our big tech companies. The "hyperscalers" are being punished right now because they are investing "too much" into R&D, i.e. growth. They have no choice.

I'll have to look into the surpluses, we all know numbers can be misleading. While Illinois Bond ratings have improved under his tenure, they are still the worst state in the Union. In other words, there wasn't much room to go anywhere but up. At the same time, I have seen my property tax bills, and they are greatly outpacing the rate of inflation. At what cost did in taxes did this surplus come?

While a surplus is better than a deficit, i have to wonder how fair of a benchmark that is on his performance.
To your last point I suppose we all have our scorecard for how we evaluate the role of a governor/president/etc. Mine is heavily weighted to economic and fiscal matters, other people’s is calibrated differently and I think that’s a good thing. But for me he has been the best governor since I moved here in 1995.

I was a fan of the concept of cost cutting like DOGE, but the implementation was a disaster. I’ve run major cost cutting campaigns in corporations and how Musk did it would never work in a democracy where Congress controls the purse. He acted like it was a dictatorship and they could unilaterally gut spending. It just doesn’t work that way and he was foolish to think it could. And now 1/2 the damn country associates government cost cutting with an eccentric egomaniacal billionaire. Such a wasted opportunity.

Sadly the honest answer is we need three things:
  • Growth that outpaces inflation (to your point that is an important lever)
  • Lower government spending
  • Higher taxes
But it is political suicide to propose such a thing. Candidates who did so would lose a primary and so we continue down a destructive path.