-- Connecting the dots between our economy, government and business --
Mark Glennon, founder of the nonprofit Wirepoints, said high taxes are just one of the reasons for the exodus. “The economy, crime of course, is the big one right now that is driving people out of Chicago and other places."
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 a just world Lori, Kim, Tim and JB would have to live in Chicago until they passed.
Something tells me they’ll coast into the sunset in a red state after they’ve destroyed Chicagoland.
Wait a minute . . . the folks over on Capitol Fax say that the population decline has been “debunked on some levels.” Still plenty of homeowners left to raise taxes on.
Soon to be number 1 in people leaving. The Chitty and the State have done its best to chase out honest hard-working families. It is everything for the Public Sector worker and nothing for the private sector worker. More and more at an increasing rate are leaving for Texas and Florida. Want a Chitty of Chicago cop? Call Punta Gorda, Florida Yacht club.
“We did not lose population as you saw when the Census Bureau data came through for the 2020 census,” Pritzker said.
Did he provide any proof to back up this claim or are we to just take his word?
IRS data shows people leaving, moving companies say people are leaving, every metric says people are leaving, why doesn’t media call Pritzker on his claim?
Because the media knows the people leaving are most conservatives. They want you gone. That’s why.
It is the high incomes that are fleeing in large numbers.
Not to worry Mary, you and PPF can make up the difference.
Might even need to start taxing da public sector unions golden pensions!!
The goal is to drive us out of the county and state. Lardo has made it abundantly clear that it’s his progressive way, or the high way, and you aren’t even allowed to control your local school boards or dog catcher.