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To: Perdogg

They just need to apply Joe Biden’s solution to debt ... more borrowing and more spending.


4 posted on 01/26/2013 9:58:34 AM PST by Tea Party Terrorist (Those who work for a living are now outnumbered by those who vote for a living.)
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To: Tea Party Terrorist

I believe if you do the math, to make a $100 million paving job work...you’d have to figure in an extra $5 millon on top of the bond pay-back....because of your rating. Maybe it doesn’t matter to most folks in Illinois...but it means every single infrastructure job that you fund via bonds...means more taxes down the line in some fashion. Either you the business owner gets hit, or you the wealthy property owner, or you the company with a thousand employees.

The question I have...how would you ever get out of such a mess? If you chase your business operations off to Texas, and they won’t return...you end up looking like Paraguay in ten years...a third-world state.


6 posted on 01/26/2013 10:02:21 AM PST by pepsionice
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