This can be considered a companion piece to my worst governor post which may be read here. The video above consists of selections from a speech by author Joel Kotkin to the Illinois Policy Institute explaining some of the ways in which the powers that be in Illinois have made the state completely uncompetitive with other states in producing sustained private sector economic growth. If I were starting out I would leave Illinois. Nothing good is going to be happening in this state economically for a very long time. The leadership of the state is completely blind to our problems and promote policies that drive businesses away and sink Illinois deeper in a fiscal morass. Illinois’ woes are completely man-made, and Illinois, thanks to a majority of the Illinois voters, remains wedded to a model of high government expenditure, hostility to private enterprise and unending political corruption that makes effective reform for at least the next three years a pipe dream.
If we are going to get ourselves out of the morass of government debt in which we find ourselves, it will only be due to the efforts of men and women like Governor Chris Christie of New Jersey.
Yesterday he announced how he intends to lead New Jersey out of the fiscal wilderness:
As you all know, we have a fiscal crisis in New Jersey: a $10.9 billion deficit on a $29.3 billion budget.