Illinois has not had a truly balanced budget since fiscal year 2001. While federal aid helped Pritzker shrink the deficit, his budget proposal from Feb. 2 does not achieve balance according to projections from his own staffers.
This is just a comparison. Meta (Facebook) value went down almost $220B this morning. Largest loss in history. That value was enough to get all Illinois pensions to 100% funded. https://finance.yahoo.com/news/meta-poised-suffer-largest-one-122010583.html
Will this happen to someday to the overall markets? If and when it does how will that affect funding levels?
When a politician is talking he is lying. If he was stating the facts he would be out of a job. For example, what no politician ever going to admit to you about cryto currency is that most of them have a ceiling, a maximum supply. You cannot just “issue” new coins the same way you can with money or stocks (so as long as stocks exist Meta is going to be OK, they can manipulate a lot of things to rebound). Hiding the facts is a form of lying, so do not expect JB to worry about the credibility… Read more »
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
This JB is slimy!
This is just a comparison. Meta (Facebook) value went down almost $220B this morning. Largest loss in history. That value was enough to get all Illinois pensions to 100% funded.
https://finance.yahoo.com/news/meta-poised-suffer-largest-one-122010583.html
Will this happen to someday to the overall markets? If and when it does how will that affect funding levels?
When a politician is talking he is lying. If he was stating the facts he would be out of a job. For example, what no politician ever going to admit to you about cryto currency is that most of them have a ceiling, a maximum supply. You cannot just “issue” new coins the same way you can with money or stocks (so as long as stocks exist Meta is going to be OK, they can manipulate a lot of things to rebound). Hiding the facts is a form of lying, so do not expect JB to worry about the credibility… Read more »
Lying with numbers! The Democrat motto.
Math is rarely a politician’s friend.
Instead of honesty, we get a math shell game.
Vote the bum out!