Pat Quinn Being Sworn In As The Governor of Illinois
"And I solemnly swear to accelerate the exodus of jobs (175,000 in 2008) from the State of Illinois by raising business taxes by 66.7% percent (4.8% to 7.2%). In doing so I will ensure that we sink even lower in the rank of job creation (45th out of 50 states over the last 6 years)."
"I promise that throughout my reign as governor I will not blame our deficit on the 68% per capita increase in spending that we witnessed between 1998 - 2008, instead blaming it on a short fall in tax revenue, even though tax revenue increased by $7 billion between 1998 - 2008. And I will protect the great accomplishments of my predecessor Rod Blagojevich, such as:
-expanding Medicaid eligibility to 400% of poverty from 185%. So, families with incomes of up to $80,000 now can get taxpayer-supported health care.
-which has resulted in a 62.96% expansion of the state's medicaid rolls (from 1.7 to 2.7 million) between 2000 - 2008.
-allowing unfunded liabilities for the pension program to nearly double over the decade to $70 billion, in part because the state has routinely robbed the pension fund to finance current programs, much like the federal government raids social security.
-prompting a lawsuit by the Department of Justice by instituting a law that prohibited Illinois employers from using the E-Verify system."
Governor Quinn ended his speech by offering heartfelt thanks to the Illinois Electorate for the "mindless devotion that they have shown to the Democratic Party and the big government branch of the Republican Party..."
http://online.wsj.com/article/SB123759961761001591.html
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