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Illinois’ really bad idea

MARCH 11, 2019 | by Craig Eyermann | INDEPENDENT INSTITUTE

Its public employee pension liabilities have grown so large that the state’s new governor, J.B. Pritzker, is considering transferring the effective ownership of the state’s public assets, such as airports, tollways, public water systems, and state parks, to state and local government employee pension systems. … To paraphrase a speech by a former state resident, the idea of Illinois’ proposed government of the bureaucrats, by the bureaucrats, for the bureaucrats, ought to perish from the earth.

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