Chicago Mayor Brandon Johnson Hits the Fiscal Cliff

3
146

Mayor Brandon Johnson is spending Chicago into a hole they can’t dig out of and he is talking about huge tax hikes. Will he cut spending? No, he has all those foreigners here illegally who he has to take care of.

The 1.1 billion dollar budget gap is due to unfettered spending.

Springfield has an $11 billion pension gap Johnson ignores. Promises were made that they can’t keep, having expanded retirement benefits without funding them.

Now he wants “progressive revenue” from more progressive taxes possbily without dealing properly with the problems so it will happen again and again.

He is taxing productive people to fund an unsustainable, unproductive bureaucracy. He’s an economic illiterate.

Rather than confront the problems, he will drain the working men and women until they get out of Dodge.

Johnson might lay off people and cut public services, but he will undoubtedly fight to keep his welfare foreigners and struggle to maintain his relationship with the Springfield unions.

Johnson won’t cut bloated programs or freebies to the undeserving. He’s an ideologue. It isn’t only his fault. This has been a way of life in Chicago. Political favors are the priority in Chicago but the end is nigh.

The Dire Problems:
  • A $1.12 billion budget shortfall for the upcoming fiscal year, which may lead to layoffs and service cuts.
  • Projected $982.4 million budget shortfall in 2025, indicating ongoing fiscal challenges.
  • Reliance on federal pandemic relief has masked deeper financial issues, with concerns about returning to overspending and accumulating debt.
  • Market volatility has resulted in over $1 billion in losses, further straining the city’s pension plans.
  • Public corruption, a lack of affordable housing, and increased costs associated with caring for migrants.

0 0 votes
Article Rating
Subscribe
Notify of
guest
3 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
The Prisoner
The Prisoner
51 minutes ago

This is the progression to communism, all the way back to Jane Byrne.

If one talks like a saboteur, and acts like a saboteur, one is a saboteur.

He is racist and anti-American, just like Bass of LA.

kat
kat
1 hour ago

Good term, “economic illiterate”. It fits many millions, sadly of both sides, who have been led into the increasingly confusing mire of finance. Personal finances are possibly the least understood and most deadly. People commit to unscrupulous builders, borrowing mechanisms that 90% of everybody doesn’t understand, then are left at the mercy of the “elected officials” who only know to… Read more »

parasite
parasite
7 hours ago

This is expected, the norm, from democrat parasites (it’s not leadership, it’s lack thereof).