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The amendment would make the state uniquely anti-business, said Todd Maisch, president and CEO of the Illinois Chamber of Commerce. Many nearby states that could be competing for business have right-to-work laws, he said. “It’s a terrible message to send to the rest of the nation...“But if this is in the constitution for 10 years, there’s an open invitation for labor lawyers to take the language and push it to the absolute limits."
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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Jan is a piece of human garbage. When is her hour glass going to run out of sand?
in general–Amendment 1, PRO ACT, and all the other dem union friendly goals and legislation assumes all the $9.1 trillion in crazy fed covid spending (under trump & biden) will never end (MMT theory on steroids). Delusional. All the covid spending was supposed to spur untold economic growth but instead it’s created untold inflation we haven’t seen since to 70’s. Worker productivity hasn’t increased, It’s decreasing!! and therefore all the increased wages through unionization (public or private) can only add to inflation on are current $31 trillion nation debt as fed raises interest rates to fight inflation. And even scarier,… Read more »
Are Jan Schakowsky and Randi Weingarten the same person?
If you mean COMMUNISTS than YES
Spare me Mr. Chamber of Commerce. The Chamber of Commerce never stood up when it was time to stand up and be counted. They tried to run their camel through the eye of the needle. Now that the conservatives have fled Illinois, they realize they are screwed. Jan will get what she wants or steal it.
Shakowsky is a shrieking democrat shtbrd. I don’t know about the sharp looking guy to her left. Vot No and fck No!