Wisconsin’s southern border shows what freedom brings – Badger Institute

Generated image of an ominous pile of chains on dark ground before a vibrant, inviting background graced with a sign that reads "Welcome to Wisconsin"Economist James Bohn recently documented the breathtaking resultsof that experiment in which Wisconsin — for a century a high-tax, high-regulation state atrophying in a straitjacket of antique progressivism — turned in 2011 toward free-market policies. Illinois, meanwhile, once one of the freer states, embraced interventionist economics.
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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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