-- 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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Pritzker is nuts; we all see it.
What a putz, the Dumocrats destroy
Whatever they govern and Chumbsie
wants us to leave. Native Illinois residents
want to save the state Chumbsie doesn’t care
” Pritzker get out” should be the rally cry.
And there you have an insight to the mind of a trust fund baby that bought a governorship. No mention of working things out, compromise of abandonment of policies most voters find odious and corrupt. Nope, “ if you don’t like it, get out!” says Comrade Flintstone, forgetting the option of voting him out and bouncing him down the road like the squishy rubber ball he is.
Have to agree with Pritzker, splitting the state will never work. Leaving is easier for billionaires with multiple houses in multiple states and billions shielded from taxes in the Caymans. But would an Il electoral college type voting system work? Chicago democrats dominate the state, which means the rest of the state stands little of increasing its influence.
‘Partisans’ who want to should ‘get up and move’ from Illinois
We did so over eight years ago JB. Only sorry we didn’t leave sooner.
You actually expect people to make a life/financial decision that may better their own lives instead of endlessly complaining? It sounds like you are advocating that people take control of their own lives and the decisions they make. That’s not fair at all. I know the majority keeps voting these same politicians into office but it’s not fair that they make decisions that I don’t agree with. Why don’t these politicians just do what I want instead of what the majority decides? My life would be so much better and then I wouldn’t need to move.
So after Pritzker repeatedly lied to voters and went along with Democrats obscene gerrymandering now says if you don’t like Leftist Democrats extemeness, you should leave the state. IL is so screwed.
Translation; if you can’t afford to pay, or refuse to pay, for the gaurenteeted upperincome deals for the public sec machine class then JB & crew have no use for you.
Further translation: If you want to “improve” the state you can stay, but by “improve” he probably means “double down on doing the exact opposite of everything Trump or conservatives do, such as: promote unlimited abortion, taxpayer funded transgenderism and LGBTQXYZ education at all ages, legal pot, gambling, gun control, DEI/reverse racism policies, ‘green’ energy, etc.” If you don’t believe his policies are an “improvement”, then JB and crew have no use for you.
JB is actually right about this
Less people in Illinois = less taxes being paid, less federal funding, less representation in congress, less economic activity, less people being abused by a broken and corrupt state government.
Could go on but the point is by staying in Illinois you are enabling the corrupt regime of Jelly Belly Pritzker.
So if squatters have taken over your home, then get up and move.
Because obviously you should have tried harder to stop them. It’s your own fault, not the squatters’. Stop whining.
Hey this restaurant is too expensive and the service is horrible. Do you think we should dine at a different restaurant? No, let’s keep going and just hope they finally fix it. Even if they don’t fix it, just imagine how much we can complain about it. We win either way.
Another bad analogy. You really need to work on that.
i know. People can choose a different restaurant but are unable to choose a different state to live and work. They are forced to stay.
Really? Picking a new restaurant is no different from moving to another state? Only an insane leftist could see those as equivalent. Maybe James can chime in with his Kumbaya comments.
Sure, no analogy is perfect in every respect. Take a sleeping pill and try getting over it.
Trying to conflate moving to another state which can include selling your house, finding a new job, uprooting your kids while they are still of school age, leaving family and friends with never going to the same lousy restaurant is absurd.
Simpleton.
He continues to make it easier to do so.
“But if you want to leave, then get up and move.”
JB’s 2028 DNC primary opponents couldn’t have bought better ad copy against him.
Thousands are already moving out. He needs to remember he will become even less relevant in the electoral college if more people leave. There aren’t near as many people that want to come to the land of high taxes and teacher union bullying as are leaving. You think he would try to listen to IL citizens instead of belittling them.
We have already moved gov Jellyroll. Instead of paying confiscatory property taxes we now can keep our money to use for more productive endeavors. Living in illinois is a waste of life.
ned,
I left Taxistan over 20 years ago. My bank account is over $200,000 fatter because of my smart financial decision!!