-- 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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I’d like to see Gov. Flintstone lure more of those gentleman’s clubs that are just over the Illinois/Indiana border along I-80 into the Prairie State. Many of the Gentlemen I know are tired of the travel through all of the construction.
Wow. Clearly Fatboy has never run a business and has instead devoted a lifetime to spend his daddy’s money. Any large corporation that chooses to leave Indiana for absurd taxes and oppressive crime of Chicago is a HUGE SELL THIS STOCK IMMEDIATELY SIGN.
Come to Illinois where life is cheap and we plan to keep it that way….
Pot, Murder, and Abortions is no way to advertise your state, son.
That’s all they got.
How long before Illinois is the Midwest center for euthanasia?
We can move the company to Illinois and be less profitable or we can give our employee a bus ticket to get an abortion. Maybe someone needs to tell JB that unlike government a business looks at their bottom line when it makes decisions.
What an absolute ghoul (among the many).
Delusional Pritzker Thinks That Illinois 10th Month Abortions Will Make Companies Forget Illinois’ High Taxes, High Crime, And Hostile Business Climate
So a business is going to ignore IL crime, taxes, workmen’s comp, and corruption just because IL allows abortions? Employees will ignore the many tax and housing benefits IN provides just because it restricts abortions? It’s not a far ride from IN to go to IL for an abortion.
Sadly, there are “WOKE” companies in Indiana that are stupid enough to cut off their nose to spite their face: https://pjmedia.com/news-and-politics/chris-queen/2022/08/08/indiana-faces-corporate-backlash-to-its-new-abortion-law-n1619130 “One of the state’s largest employers, pharmaceutical titan Eli Lilly, issued a statement on Saturday expressing its displeasure with the law, pointing out that the law would hinder its efforts to recruit new employees and even stating that the company would look outside of its home state for further expansion. “We are concerned that this law will hinder Lilly’s — and Indiana’s — ability to attract diverse scientific engineering and business talent from around the world,” the statement read. “Given this… Read more »