State, Chicago take different paths on public pension problems – Champaign News-Gazette*

Jim Dey: "Given Illinois’ parlous financial health, it would appear unlikely Pritzker & Co. will acquiesce on a Tier 2 boost. However, one would have thought Chicago’s municipal leadership would have taken the same stance with regard to its pension spending."
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MsT
11 months ago

Perhaps the strategy is to force municipal bankruptcy. Under such a strategy, protesting cost increases is counterproductive.

Leaving Soon, just not soon enough
11 months ago

Both paths end up with the same outcome, higher and higher taxes paid by the private sector. Result will be more and more people leaving the state. Illinois is being destroyed from within. When someone takes too large of a slice of pie, someone else gets a smaller one.

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