-- Connecting the dots between our economy, government and business --
"I think the sad part of the story is how many people who had built lives in Chicago were willing to walk away from that and move to Miami or New York, just given the challenges that Illinois has faced," he said.
SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER
FOLLOW US
WIREPOINTS ORIGINAL STORIES
Audio and summary Why the Holdup Using Artificial Intelligence to Cut Illinois Government Costs? – Wirepoints
May 19, 2026
10 Comments
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Note to readers from Mark Glennon re: Ukraine
May 6, 2026
4 Comments
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Wirepoints’ Mark Glennon on AM560’s Morning Answer – Chicago’s struggling commercial real estate and more
April 22, 2026
5 Comments
Summary and audio linked here.
Audio and summary
When Ken moved to Florida, I believe the Chicago Tribune stated that he took 1% of Illinois’ Tax Base with him. That was considering not only himself, but the Fiscal Impact from the loss of Citadel and their employees.
I remember when Cuomo was still NYC mayor, and he begged “The Rich” to stop leaving back then, because they needed their tax base. JB & Johnson just don’t seem to care…
This dynamic is so underreported as underlying the decline of our cities. Successful/ creative/ well-compensated people feel unwelcome for various reasons and are happy to leave. Nobody wants to be demonized by political rhetoric from elected leaders and public unions (“LaSalle street fat cats”), and “taxing the rich” (defined down to include you) takes on a class warfare vibe. The drumbeat of rising property taxes is a real drain for every income level: even if you can afford it, paying 2% of your property value every year starts to seem like a waste — and for middle-income people in a… Read more »
No one likes to be Gouged and that is what is happening in Illinois. Some of the highest taxes in the country and poor services at best. The only winner of now is the public sector.
Very well written and I understand being an ex Chicagoan. The gov and mayor plainly do not care. Gov only sees himself sitting in the oval
office. The mayor remember his goal, “ first
we get the money”.
No one cares anymore, fait acompli !
Congratulations, you Perfectly described the theory of “Trickle-Down Economics”, which Liberal Democrats always claim is a failure. With your great candor in talking extemporaneously about the subject, Please consider running for a political office to change hearts and minds!
Why can’t Putzger and Pinhead see the taxes are killing this state. That crime is turning Chicago into Detroit . That people who can are moving out. That people who can’t suffer
Typical IL and Chicago. High income residents leave, take their money with them and low income earners move in and soak up resources. And Pritzker and BJ say good riddance. What budget deficits?
Smartest move anyone has ever made. Lots more people to follow. The public sector greed has destroyed the quality of life for so many.
IMO its a massive RACKET that has been hoisted on Illinois taxpayers by Illinois Dems and their masters the public sector unions!!
Big Jim Thompson signed the law, giving Illinois pensioners an annual 3% compounded increase. Jim Edgar and George Ryan also helped create this mess.
Not to mention that it was Republicans that sponsored the pension amendment making it so they couldn’t be reduced. The majority of Republicans in the state senate supported amendment 1. Republicans recently supported bumping some tier 2 pensioners to tier 1 with a unanimous vote. Yet the uninformed continue to blame Dems only. A lot of useful idiots out there on both sides believing whatever their masters tell them.
No one fought them on it. And no one since has addressed it. Every year that goes past it seems as if more grift is added.
The weather in Miami is not as cold in the winter as Chicago.