-- Connecting the dots between our economy, government and business --
"Next year, Chicago will contribute more than $1 billion toward the city’s teacher pension plan. A large portion of that money will come from the state, and another $550 million will come from a dedicated property tax levy the state authorized in 2018. And yet, all this money is not enough."
Summary and audio linked here.
Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Summary and audio linked here.
Illinois paid the price for embracing Fauci’s “science.” Here’s the retrospective.
Podcast link is here.
I just listened to an interview with the co-chair of his transition team and I can honestly say the woman has literally no clue. She couldn’t answer basic questions about prioritization, first 100 days, perspectives on big issues like the CTA….wow, just wow.
Taxistan’s Golden Goose, upper middle class taxpayers, realize there is No fixing the fiscal mess the state is in within raising ALL taxes.
Vote with your feet as I did 0ver 20 years ago and your bank account will thank you!!
Da Judge
The Pension Time bomb is exploding, and the explosion is far from over. Not only in the Chitty but all over the sorry State of Illinois. The cash flow is so negative it does not stand a chance of surviving. As taxes go up as they must, the people with higher incomes continue to flee in ever increasing numbers. It just keeps getting worse. This has been known for over 20 years. The Pension debt exceeds $200 billion, that is a very large number.
We better pay-up, we want to make sure CTU/Brandon gets his gaureteed Tier I $million/ multi-million$ pension deal….he did put in FOUR HARD years as teacher after all. Anything else wouldn’t be equitable!!
Johnson will make the pension mess much worse