Do you think the downgrade will stop Illinois’ partisan gridlock, business and finance homework help

Answer the following questions in paragraph form (each answer below the question):

1. Do you think the downgrade will stop Illinois’ partisan gridlock? Why or why not?

2. How should states address retirement liabilities and other entitlements?

3. How will the downgrade affect Illinois’ budget problems? Explain.

4. How did Illinois bonds react to the downgrade? Are the bonds now a bargain? Why or why not?

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