[W]ith respect to state and local public pension plans in the most-indebted states, that is, Illinois, New Jersey, and Connecticut, and the most-indebted cities, such as Chicago, I’m going to go out on a limb and predict that . . . precisely nothing will happen.

Oh, sure, folks like Gov. JB Pritzker in Illinois will take some actions that they will claim have solved the problem, or at least take credit on what they’ll call a down payment on a solution…. Whatever it is, it’ll be a farce rather than a true solution.

llinois lost nearly 105,000 people in net domestic migration from 2018 to 2019, according to new numbers from the U.S. Census Monday. In total, the Land of Lincoln lost on net 51,250 people, the largest annual population decline this decade.

Its the sixth consecutive year Illinois’ population declined.