-- Connecting the dots between our economy, government and business --
Illinois lost a net 31,100 eating and drinking place jobs in November, which was easily the highest among the 36 states that experienced employment declines.
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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Illinois,
Wake up- You keep voting these jerks in elections.
He also found a way to kill minority jobs as they make up
the largest segment of restaurant workers.
Progressives found a way to destroy middle class jobs, even though they couldn’t outsource them to China.
The answer is obvious: JB is keeping and eating all that extra food for himself!