Some Illinois lawmakers continue to deny that covid aid and other federal stimulus bailed the state out of its fiscal mess. But a look at past and projected revenues from COGFA shows just how much the bailouts blew out the state’s revenues. And now that they’re over, how much harder it will be for Illinois revenues to grow.
Election integrity – both real and perceived – is essential to government’s legitimacy and stability. Illinois, like the rest of the nation, better fix its problems now.
Ted joined Dan and Amy to talk about Chicago’s latest bond offering, why Chicago’s dismal home value growth is due to poor policies, the next $70 million to be spent on migrants, the 9% salary hikes demanded by the CTU, and why Illinois lawmakers voting to stop Chicago’s selective enrollment schools from being closed is hypocritical.
Weekly crime statistics from the Chicago Police Department: Report through 4/21/2024.
Illinois just suffered the lowest presidential primary turnout since 1960, according to the Illinois State Board of Elections. Blame voter apathy on a lack of competitive elections. On gerrymandering. On the concern people have, thinking their votes don’t matter. It’s likely a little bit of each.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
The tax increase money will go right into the pension accounts.
I remember in 2011 when I thought, “OK, I’ll pay more taxes for 4 years if it means the problem will be solved.” Fool me once…
Not only did it not solve anything, it actually further harmed the State by deception. People really believed a positive thing happened when in fact the State further committed financial malpractice. Illinois is almost beyond any conceivable sign of hope or recovery … in my kids’ lifetimes.
The recovery will happen when the pensions collapse in the state, assuming everything else hold up around them in the world. However, I doubt your kids will have to worry about Illinois only, as the entire global economy will most likely collapse while they live anyway. It is game over for everyone then.