“Companies don’t want to buy shares in a phenomenal tax burden that will unfold over the decades.”
via RealClearMarkets – Businesses Should Fear States’ Big Pension Debts.
Home Illinois Fiscal and Pension Crisis Businesses Should Fear States’ Big Pension Debts – Real Clear Markets
Businesses Should Fear States' Big Pension Debts - Real Clear Markets
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Illinois’ COVID-19 crisis: Daily data update for June 2nd, 2020 – Wirepoints
Daily COVID-19 data update for June 2nd.
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The Social Contract Between Government and People Is Unraveling – Quicktake
Numbers, budgets, charts and graphs about government finances. That’s what we do here. We try to understand where public money should be spent and what it accomplishes.
Through that lens, it’s difficult to know where to begin on what has befallen the Chicago area and most of the country.
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“The longer the economy is shut, the worse Illinois’ revenues and deficits will be. Politicians expect jobless Illinoisans to pay for those deficits.” – Ted on the Illinois Channel
"You've got one million Illinoisans unemployed, nobody knows what's happening with the economy, we're only now starting to open up. And yet the government passed a record spending budget – the biggest ever – with no cuts, no furloughs, no kind of savings whatsoever to give relief to Illinoisans that have to pay for that government."
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Pritzker Wilts Hours Before United States Supreme Court Review, Double-Talks About-Face on Churches – Wirepoints
Was it because his “science and data” somehow changed? Or was it because he feared having his vast emergency powers challenged in the United States Supreme Court?
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Illinois government jobs protected, private sector jobs decimated during COVID-19 shutdown – Wirepoints
Two months and more than 800,000 lost jobs later, we now know which job sectors are the shutdown's biggest losers. The least impacted sector in Illinois? State government.
