-- Connecting the dots between our economy, government and business --
Southwest Michigan and northwest Indiana are seeing astounding increases in sales over last year.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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People want to leave Illinois.
They have been leaving before the Coronavirus hit the US shores.
Illinois is one of the worst run states and has been for years. It is run by Democrats who have the same run game–tax tax tax–so Illinois citizens are running, running, running out of the state.