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To: JackOfVA
I think California will do okay because of the technology and entertainment sectors and New York will do okay because of Wall Street (though there could be trouble if we have another 2008-style economic meltdown).

The solution for Illinois is to use Chapter 9 for Cook County (where Chicago is located) if things in Chicago get out of control. That's probably where most of the economic problems of that state come from.

17 posted on 01/14/2015 1:57:46 PM PST by RayChuang88 (FairTax: America's economic cure)
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To: RayChuang88
I think California will do okay because of the technology and entertainment sectors

It's been slowly losing the former for twenty years and the latter for the last ten.

20 posted on 01/14/2015 4:08:46 PM PST by Carry_Okie (Those who profess noblesse oblige regress to droit du seigneur.)
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