Ted joined Amy Jacobson and Jim Iuorio to sound the alarm on the latest economic developments in Illinois—warning that recent wage mandates and tax policies may deepen the state’s financial and civic challenges.
Read more from Wirepoints:
- New Illinois law makes it tougher for voters to block school district borrowings/tax hikes. Effingham good example.
- What New York City’s near-bankruptcy can teach Chicagoans…attend “Drop Dead City” documentary screening on July 1
- One reason, in one image, for Chicago’s apartment shortage and high rents
- How to destroy a state: swap out the wealthy for illegal immigrants
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.