-- Connecting the dots between our economy, government and business --
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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First they have to find companies so into wanting/needing abortions for their employees that they’d be willing to put up with IL’s taxes and business-adverse policies – not the least of which is IL workers compensation.
I keep thinking “unicorns,” but they may be out there.
Keep looking, JB.
Non-profits, NGOs, unions, government, Giga-corporations (deep state parts) communists, Bolsheviks, and other enemies of America will all flock to IL. Red blooded Americans will exit IL.
I would think State tax rates are more important than employee abortion availability to a company. Then we have have workman’s comp insurance rates under the Illinois plaintiff favorable Illinois court system and then we have energy prices….
Hey Pritzker word of note, please consider working hard on keeping businesses in Illinois don’t worry about Indiana, please JB don’t turn Illinois into a butcher shop.
This is a fantasy, no company of an size is moving to Illinois because of abortion.