I invite everyone to drive around South Cook to see what high property taxes, collapsed home values and corruption does to communities – Wirepoints joins Chicago’s Morning Answer on AM 560

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JimBob
4 years ago

Teachers are organized and taxpayers are not. Teachers follow principles of lock-step solidarity and taxpayers don’t. Occasionally, taxpayers have coalesced and acted collectively. Prop. 13 in California in 1978 worked for a while but did not succeed in the long term. The private sector figured out that unions’ solidarity could be undercut by moving jobs to the Southern US or overseas. Northern plants were closed, and machinery and jobs were moved to places where lower wages and benefits were sufficient to attract an adequate number of workers. Further, Japanese and German manufacturers opened up in the USA and people here… Read more »

NB
4 years ago

The sad reality for impoverished black Illinoisans is the dem machine ( the public sec unions, crazy pension debt, the crazy 7,000 units of gov, 36 years of pay-to-play union dues to friends of madigan, and on and on) IS the cause of systemic racism, community disinvestment, home foreclosures, food desserts, etc by a couple million light years over any of the tired rhetoric the left press/ academes spin from their ivory towers.

Honest Jerk
4 years ago

You can hope for honest, realistic people to be elected that are capable of performing miracles, or you can leave Illinois. I made my choice a few years ago.

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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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