-- Connecting the dots between our economy, government and business --
In 2021, 97.1 million visitors spent billions across Illinois' economy. Conde Nast Traveler and Time Out named Chicago the best big city in the U.S. CNN also ranked southern Illinois as one of the most underrated travel destinations in the U.S.
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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The best advertising for Chicago and Illinois would be falling crime rates. Unless you’re some type of macho mental defective, nobody is visiting.