Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
23 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
-- Connecting the dots between our economy, government and business --
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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.
And so it begins. A bull market for bonds began in 1981. Since then, owning bonds was a capital gains money machine. Bonds, like stocks, are intangible assets. The market for intangible assets does not conform to Econ 101 supply/demand price models; as prices rise (in a bull market), the quantity demanded rises also. This dynamic has run for 38 straight years, resulting in a veritable OCEAN of debt being filled (the on-budget $22 trillion national debt is a snowflake on the tip of the worldwide iceberg of IOU’s.) We LONG AGO passed the point where debts (promises of future… Read more »