Commentary: Why we voted with our feet – Chicago Tribune

"We won’t be around when the state goes off the cliff, as it most certainly will. Gov. J.B. Pritzker believes he can “soak the rich” enough to fix all of Illinois’ needs. That will be the final blow that knocks Illinois into the abyss. Best I can tell, the state is being run by the public employee unions, and the thought of cutting manpower or reducing expenses is never on the table. It’s always more revenue. Well, not from me. Somebody else can turn out the lights."

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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