Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
As long as people in southern Cook continue to elect criminals like Gus Savage, Mel Reynolds, and Jesse Jackson Junior, they are emphatically choosing their fate.
The federal government transitioned years ago from defined benefit (Civil Service) to defined contribution (Federal Employees Retirement System). Illinois could do the same.
The financially worst municipalities in suburban Chicago are African-American dominated. Why is that? Just askin’…
Most heavily relied on manufacturing that moved overseas.
An underfunded defined benefit pension is a Ponzi scheme. Underfunded retiree healthcare is a Ponzi scheme. Converting certain southwest Cook County suburbs from Republican to Democrat was one of the keys to Michael Madigan’s historic reign as House Speaker. The free money incentives the government is providing for home ownership is a problem for many that have no way to forecast their tax bill. The free money should come with a financial and debt analysis and projection of all the local,county, state, and Federal governments for each tax paid by the the homeowner. That is an almost impossible task at… Read more »