Two Prominent Guys, "Ah Yeah, Illinois Is Hosed"

High-powered mucky-mucks do a big expensive study to tell us the obvious and try to spur action by using the most useless word in our lexicon of political discourse.

A group headed by Paul Volcker and Richard Ravitch will argue in a report tomorrow that Illinois’s budget is unsustainable and threatens growth in the fifth-most- populous state.

The report from the State Budget Crisis Task Force, which includes policy analysts and politicians and was formed in 2011, will show how “past fiscal choices and future threats challenge Illinois’ ability to meet its population’s basic needs,” according to a press release. Volcker, a former Federal Reserve chairman, and Ravitch, a former lieutenant governor of New York, are co-chairmen of the group’s advisory board.

Powerful indeed, coming from those two dudes, especially since they aptly described things as "unsustainable"!  Whew, am I relieved!  Now something will get done.