newest oldest most voted
Notify of
debtsor

Retail is dying everywhere for many reasons. Online certainly contributes to the decline but don’t forget that America at the recession had more sq. footage for retail per person anywhere in the world by far. People are also buying less junk so to speak. And smaller households in the city contribute to fewer retail purchases – kids are always getting new clothes, toys, upgrading broken and outdated items around the house, and so on. And also, at least from what I can see, some ethic minorities don’t ‘shop’ in the sense that one would expect. They have less income to… Read more »

m. colson

businesses are tired of paying for public/private union-parasite lifestyles, you expected something different?

Freddy

Very True. One small mistake though that I was corrected on a few times. They are municipal employees not workers. What do you think this state and country will look like in 20-30 years if this pattern continues? Take Care!!

debtsor

They’re not employees. The workers (former employees) taking the pensions tend to leave. I would too if the dumb dumb state of Illinois sent me a check for thousands every month for the rest of my and my spouse’s life.

Freddy

It would be nice to retire at 55 and receive checks for 35 years or so. I read that in California firefighters can retire at 45. For those who move out of state with a pension like a teacher how is their healthcare taken care of? If they move to Florida does Illinois (taxpayers) pay the bill? Not sure how that works.

debtsor

Yes, I believe healthcare is taken care of until they can take medicare. It’s a really really sweet deal!

Freddy

Thanks. So basically Illinois sends a check to pay for medical care in another state plus the pension check. Real sweet. I wonder what the total cost of out of state retirees healthcare costs taxpayers per year? They could go to the most expensive hospitals anywhere in the country. Maybe the healthcare costs should only apply if they stay in Illinois and retirees should then be covered under the ACA until Medicare kicks in.