-- Connecting the dots between our economy, government and business --
"Sadly, the state of Illinois is in red, and seems poised to kill the Invest in Ed tax credit that provides 9,000 low-income Illinois children the opportunity to attend private schools.... A remedy however is available for these families: leave Illinois. Your state lawmakers care much more about rent-seeking special interests than they care about your family or your children. Other states not only value you more; they have much better return on investment for your tax dollars. These families are, alas, living in the wrong state."
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Really do not have to tell anyone they should move, it is common knowledge that anywhere but Illinois is better for anything you want to do. Highest costs of taxes, lowest results, stay and pay or flee for fun & Sun.
Hmm, Illinois kids gotta move but there’s plenty of cash for illegals. Somethings wrong with this picture.