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.
Wow. Could this exercise contribute to inflation? Who’d a seen it coming?
Tell me you don’t know how money works without saying you don’t know how money works.
This now seems like a surreal experience for us Illinois citizens. First, huge numbers of illegal immigrants arrive unchecked into Illinois from other countries; now, states other than Texas are sending large numbers here. To think us taxpayers complained about being abused before all this happened. I know debtsor thinks this is part of a master plan of the Illinois Dems, but whether it is, this still sucks big-time. It’s amazing Illinois’ political leaders have such disrespect for its taxpayers.
Millions of migrants are in the country after no reasonable vetting and no ability of federal/state governments to effectively monitor their location. This interstate transport of illegals is only a shell game that will only result in their permanent residence here. Current polls say Americans want mass deportations. But, when the illegals problem was smaller and easier to address, we hesitated. Now the numbers are beyond control, even assuming that Trump might be elected. Any real solutions will be physically challenging and extremely expensive at a time when federal/state debt and deficits are at records. “A republic, if you can… Read more »
Mea culpa. Suggesting that allowing Tren de Aragua and similar (or worse) illegal elements in Chicago is too much to bear is just another data point indicative of the end of law and order in this state.
10 illegal aliens for every one taxpaying employed Illinois resident moving out-of-state. Do the math folks. Sanctuary State is goal objective, so Pritzker can say with semi straight face “Illinois population is steady”, without disclosing the enormous cost burden to Illinois taxpayers.
and then Illinois will pay for them to go elsewhere. I guess, buy stock in United, Delta, and other U.S. airlines.
No problem. Joe, or whoever is in charge, will just fly more in so that they can point at the border and tell us illegal crossings are down. They have been the last couple of months now, though you won’t hear it from MSM.
The costs of illegal immigration by Biden/ Harris – the destruction is epic
https://www.fairus.org/issue/publications-resources/fiscal-burden-illegal-immigration-united-states-taxpayers-2023
Here’s an article from Quartz on which states people are moving out of. Seems like migrants are encouraged to move here while long time residents are leaving.
https://www.yahoo.com/tech/3-states-lost-most-residents-090000207.html
With long term residents leaving replacing them with immigrants for apportionment seems to be the norm these days
What a laugh. Even the immigrants need financial incentives to come to Pritzker’s run Illinois
Waiting for the Leftist Democrats to question Bloomberg numbers, like they have the U.S. Census and BLS!!!