-- Connecting the dots between our economy, government and business --
Policy researchers at the nonprofit Wirepoints added up and divided the future liabilities owed by the state, county and local municipalities in the form of pensions and retiree healthcare costs by household. “When divvied up between Illinois’ households, the 'shadow mortgage' each one is on the hook for now totals hundreds of thousands of dollars per household, if not more, depending on who politicians target to repay those debts.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary