Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Bankruptcy is the only solution for Chicago,
Pensions are a form of economic Cancer and will kill Chicago and Illinois. Most all of the increases will go to cover increased pension cost. $100,000 a year pensions growing like wildfire at very young ages. They will last 35 plus years with 3% annual increases. Will cost the taxpayers between $7,000,000 to $8,000,000 in total to the taxpayers. PPF is beaming with Joy. Largest generational theft in history.
I am not so sure Pritzker has the “vast experience” in finance. Chances are his family cuts him a check to stay out of their business.
If he had any financial knowledge, he wouldn’t let the state get into the condition it is in, and he certainly wouldn’t have ballooned spending over 40% since he has been in office.