-- Connecting the dots between our economy, government and business --
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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In two short years, Illinois jumped from #33 in 2019 to #10 in 2021 in Education? How is that possible? Did half the country shut down their schools?
In 2018, Illinois ranked #17 in Education. So Pritzker took over, tanked Education, then wants to take credit for our improved rankings a few years later? BS.
https://www.cnbc.com/top-states-past-year-rankings/
CNBC IMMEDIATELY discredited it’s ranking by saying Illinois has the best infrastructure in America!!! That shows the clowns in NY haven’t a clue!!!
So, per this ranking, IL, MA and MN are better places for business than, say, FL, AZ and WI. Hmm. It’s not an opinion survey, the methodology explains. Seems to me it is opinion — opinion of the NBC journalists who put this together.
When you selectively choose the attributes on which to rank something, it’s easy to come up with your pre-selected answer. Florida and Arizona are so far ahead of Illinois it is ridiculous.
The System as it’s called by outsiders all pushes the same message across all platforms. The System says red states bad, blue states good.
Nothing says a state is pro-business like shutting them down and putting businesses out of business for a cold virus. CNBC is one giant paid advertisement, wonder how much the PR firm got paid for this list?