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But beyond that foundational legal argument, there's a practical matter at issue. Passing the WRA would showcase expanding union power in a state already considered a bastion of organized labor. As corporate headquarters exit Illinois and important players in up-and-coming industries like electric vehicle manufacturing bypass Illinois for other states, an anti-business message is hardly a selling point for the Land of Lincoln. In fact, it’s the very last thing this state needs. Bestowing special constitutional status on unions would give companies one more reason to avoid Illinois.
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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FYI, Guys your link is for a different story, which is also good– Top Democratic prosecutors revolt against criminal justice reform law they say will ‘destroy’ Illinois
Thank you. Fixed it.