The Civic Federation’s Larry Msall
Every time the Illinois General Assembly assembles, which isn’t all that often, there will likely be a story about how Larry Msall of the Civic Federation says that the state’s financial collapse is near.
And that retirees are the reason.
Larry Msall will inevitably be described as head of a tax watchdog group. First of all, beware of groups claiming to be watchdogs.
I have a watchdog. His name is Ulysses and if a stranger comes to our house uninvited he will bite ’em in the ass.
Exactly who is the uninvited stranger that Larry Msall and the Civic Federation are on the watch for?
Apparently it is poor, working people and retirees. The uninvited strangers are us.
The Civic Federation is just one more lobby group looking out for the state’s corporate interests.
Msall is always invited to appear on WTTW’s Chicago Tonight as an impartial observer. Along with the Republican stink tank, the Illinois Policy Institute’s John Tillman
Msall is not impartial. He’s the former VP of the Civic Committee. A corporate mouthpiece.
Let me ask you this: Is there a retired teacher, cop or state healthcare worker on the board of the Civic Federation?
The state’s Comprehensive Annual Financial Report.
Illinois is not doing well.
Well, of course not. We’re taxing the rich too little. Corporations are given tax loopholes the size of a Florida sinkhole. And they’re cutting promised benefits to retired public employees. That takes millions out of the state’s economy.
But that is not the analysis of the Civic Federation’s Larry Msall.
The disclosure clearly represents bad news, said Laurence Msall, president of the Civic Federation, a tax watchdog group. “There’s no other position a reasonable person can hold other than that the state’s financial position continues to decline, despite the income-tax increase.” The rising deficit is being driven by increased retirement costs, both for pensions and retiree health care, Mr. Msall said.
The problem is old people.
Just too many old people.