People's Banana Republic of Illinois runs out of other people's money, will lay off throusands of state workers

This is exactly why you don't vote Democrats into power - they can never deliver what they promise because the promises are always unsustainable. The reality is a tough pill to swallow: Quinn to Lay off Thousands. The best line from Quinn in telling his union supporters that they are SOL:

"We can't spend money we don't have"

Which brings up this very relevant Margaret Thatcher quote:

"The problem with socialism is that eventually you run out of other people's money"

The People's Republic of Illinois is just finding that out. A video report from the above article:

View more videos at: http://nbcchicago.com.

And from the article itself:

A decision made by Gov. Pat Quinn may leave thousands of state workers without a job by the end of the week.

The cuts are coming in the face of a budget deficit that doesn't leave enough money to pay the workers, the governor says. ...

...The state's largest government employee union, AFSCME, promises to sue if the layoffs are made, much like they did over blocked pay raises.

And taking a page from the Obama playbook:

And just like the pay raise situation, Quinn says these layoffs aren't his fault.

For those that insist higher taxes lead to economic prosperity, let Illinois be an example: Illinois Democrats raise income tax 67%, business taxes 46% to protect union pensions, benefits. There simply are not enough taxes to fund Democratic Party promises, even if the rates were 100% for everyone. The results are always predictable in that tax increases don't produce the extra revenue they always say it will because of changes in behavior due to those increase. For instance:

• Caterpillar threatens to leave People's Republic of Illinois over high taxes
• Sears to leave People's Republic of Illinois to Michigan over high taxes

You can't tax your way to prosperity.