-- Connecting the dots between our economy, government and business --
The report notes that one of the arguments for allowing in so many immigrants is that the low unemployment rate means that no potential workers are available. But what gets ignored is the increase of working age people not in the labor force in Illinois.
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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It seems significant number of folks profited greatly from Covid fraud. Greatly. Why would people still “work”, as in gainfully employed at legitimate business for salary-wages?
I ask myself this question every day now, as I reluctantly w-o-r-k, feeling that I’m one of a increasingly smaller minority of truly responsible law-abiding tax-paying adults remaining in Illinois.
Eliminating welfare could go quite far in eliminating the decline in workforce participation in Illinois.
Chicago’s Sanctuary City Shit Show Will Pad Chicago’s Welfare Rolls
Hmm, could killing 52 million babies cause a labor shortage?
Who’d a thunk legalized abortion would pave the way to a 3rd world invasion of us sophisticates.