Opinion: Businesses Flee Illinois to Escape Blue-State Stagflation – Newsweek

Steve Cortes: "With costs in Illinois soaring, how about the growth side of the equation?...Since Pritzker took office, the three-year overall growth rate for the Illinois economy was an anemic 0.5%. In contrast, the five states that border Illinois performed more than seven times better, with an average of 3.86% growth, even after all the challenges of 2020 and the coronavirus pandemic."

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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