-- 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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When studies are done as why people move. Taxes are very very low on the reasons list. Plain truth.
If the truth does not fit political talking points then the truth often gets bent to fit the talking points. another Plain truth.
Advocate: You are a liar. A 2016 SIU survey says that TAXES are #1 reason why people want to leave IL. This is the ‘plain truth’. It also makes you a straight up liar. You must be another low information Democrat spreading FAKE NEWS. Or just a Russian bot? I don’t know, maybe your IP is from Leningrad, comrade? Regardless, keep up the good work embarrassing yourself with your stupidity. And keep voting Democrat while you’re at it!!!! You fit right in with all the other deplorable democrats in the state! 2016 Survey SIU Paul Simon Public Policy Institute: “Illinois… Read more »
Almost all the reasons for moving – such as cost of living, housing, government, education, crime, job opportunities – are attributable to taxes in varying degrees. Only weather and family are out of control of government. That’s the truth.
Ted Cox’s twitter feed show that he’s not a journalist, but rather, an operative for the Democratic party. I don’t click on links to 1L because they are awful.
It’s basically a marketing brochure for CTBA or ILEPI research.
You can either believe this article or you can believe in common sense. Just ask yourself, “Would you stay in a place regardless of taxes? What if they doubled, or tripled, or more?
Most of the time the point of view you are expressing is likely right, but “common sense” isn’t always right if you think about it. You’ve heard of the Flat Earth Society, I’m sure. Every common-sense idea has backers and zealots. They may be right but aren’t always right. Don’t dismiss other points of view because they don’t fit neatly into your own “common sense” view. The current best example here is Donald Trump. What is your common sense view of his presidency? Is he the best ever or the worst? Does that point of view make it right? I’m… Read more »
It’s no accident that sites like 1IL allow no comments.
Cribbing off Quentin Fulks’ paper will get you held back a grade.
These kind of delusional propaganda writers really need a fierce beratement, public ridicule. Its the only way to stop them.