-- Connecting the dots between our economy, government and business --
Illinois politicians may carry on in their alternate universe, but the national press is waking up.
Places like Harvey in Chicago’s south suburbs no longer function for the residents that live there. Many blame local corruption and the nation’s manufacturing woes as the cause. They contributed, but the real problem is the failed public policies the state has imposed – the same ones that are hurting municipalities across the state.
Comment: As with the state’s goal of 100% renewables, there’s no mention of how much it will cost. Actually, it’s impossible to know because nobody knows how cheap fossil alternatives like natural gas might be in the future. Blank checks are fine as long as they are green. The full resolution is linked here. Alexandria Ocasio-Cortez, eat your heart out. Chicago, just like the State of Illinois, loves your Green New Deal and is going for it, even if the nation and the vast majority of your own party in Congress think it’s insane.
Comment: One of the few good things to come out of the Rauner Administration and Pritzker is trying to kill it.
Illinois slips, though not as badly as Delaware.
Comment: Holy crap! Rahm Emanuel of all people saying, “The Democratic Party is strongest when we challenge the public to give, not just promise the public more of what they get.” Naturally, however, he goes on to blame the other guys for all the divisiveness.
Illinois, for example, passed massive tax increases several years ago alleging that they were going to pay down state debt, Williams said, but they’ve failed to tap any of their pension issues. They are still stuck with the higher taxes and the state pension liabilities are still massive, he noted.
Within minutes, the Lincoln Yards and “The 78” projects passed the Finance Committee Wednesday. Lincoln Yards passed by a voice vote, with four “no” votes.
“The 78” passed by a vote of 13 to 7. Without her consent, aldermen may well have approved the subsidies anyway. That would have put the mayor-elect in the politically difficult position of suffering an embarrassing defeat before she even took office
“If Illinois is going to embrace another public-pension-contribution holiday, shouldn’t the public be informed of what the financial consequences will be?”
See our own story linked here on the crushing Illinois and Chicago numbers shown in this article.
The renewable energy industry needs to get its story straight.
The proposed “fair workweek” ordinance aims to add Chicago to the growing list of cities imposing regulations that protect employees against unpredictable work hours that make it difficult for them to plan for child care, go to school, work a second job or have confidence that their paychecks will cover their bills.
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