Paging Milton Friedman: How the big minimum wage hike could hurt Illinois workers – Chicago Tribune

You want job creators to abandon Illinois at an even swifter pace? Then pass a minimum wage higher than that of every surrounding state. And that’s what lawmakers are poised to do.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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