It shouldn’t have taken a PhD in economics to notice this – Wirepoints Quickpoint
May 17, 2024
57 Comments
What a representation of Chicago’s plight.
-- Connecting the dots between our economy, government and business --
“Historically, both public and private institutions have been unwilling to directly invest in low-income people without significant restrictions attached,” Cook County Board President Toni Preckwinkle said in a release. “This red tape is in place not because any evidence shows that it is necessary, but rather because our society does not trust that people living in poverty have the character or ability to make good decisions for themselves.” She said the county is reframing the way people think about government assistance.
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Twelve Illinois Congressmen vote against bill to give federal custody to non-citizen defendants charged or convicted with assaulting cops – Wirepoints Quickpoint
May 17, 2024
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The bill passed despite their votes in response to certain incidents where local prosecutors are thought to have been too lenient with non-citizens assaulting cops.
The Chicago Teachers Union Plays Hooky – Wirepoints in the Wall Street Journal*
May 17, 2024
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The Wall Street Journal Editorial Board cited Wirepoints’ analysis of Chicago student proficiency data in their latest piece condemning the Chicago Teachers Union’s outrageous contract demands…all while a vast majority of Chicago’s children graduate unable to read at grade level.
Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale
May 17, 2024
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Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
Public education staffing has ballooned over the years…yet kids still can’t read – Wirepoints on with Jeff Daly of WZUS Decatur Radio
May 17, 2024
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Ted joined Jeff Daly to discuss how politicians can never spend enough on education despite there being no accountability for that spending, the growth of education staffing across Illinois, Mayor Brandon Johnson’s $1 billion demand for Chicago schools, why Gov. Pritzker is providing $830 million in taxpayer subsidies to struggling EV carmaker Rivian, and more.
Invest? What returns are available to the folks from whom the earnings are confiscated?
Redistribution
When one of the recipients of the free money wins the Power Ball prize this program will be celebrated as a grand success, and become a model for other free money programs.
“Direct investment in low income people.” Just make sure they’re sober on election day.
With mail in ballots and drop boxes, they don’t even need to be driven to the polls any more.
In my neighborhood the polling place is inside a public housing project and magically there are hundreds of people I’ve never seen before walking around on election day who disappear again when the polls close. Must be a coincidence.
If every level of Illinois government had a guaranteed income program, we’d all be rich. I can’t wait for the Mosquito Abatement District to offer one.
Lol! The mosquito trucks blasting a greasy white cloud behind them. Kids following closely behind on their bikes. They probably all got the jumps in their later years or thought of guaranteed income.
Sorry Toni. There’s an old southern expression that fits here: “Poor folks have poor ways.”
Cook County must have more money than it needs to be so generous. Funny, I didn’t hear anything about the county getting caught up on all its debt obligations.