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Posted
9 minutes ago, Tiberius said:

Ah, putting words in my mouth there, huh? 

I’m confident in my ability, but I don’t believe I could dumb things down enough to put words in your mouth and make it sound authentic. 
 

 

Question for you on one of the richest cities in the world….when the budget shortfall went from $122 million to $558 million, was Chicago more rich or less rich?  Tibs math it for me. 
 

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Posted
36 minutes ago, leh-nerd skin-erd said:

I’m confident in my ability, but I don’t believe I could dumb things down enough to put words in your mouth and make it sound authentic. 
 

 

Question for you on one of the richest cities in the world….when the budget shortfall went from $122 million to $558 million, was Chicago more rich or less rich?  Tibs math it for me. 
 

You are so simple. Is the budget the only factor in determining the wealth of a city? 

 

No, of course not. This is not my math, mine would include many other factors 

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Posted (edited)
24 minutes ago, Tiberius said:

You are so simple. Is the budget the only factor in determining the wealth of a city? 

 

No, of course not. This is not my math, mine would include many other factors 

Ah, you may be including the unfunded pension liabilities of the city in Tibsy’s Other Factors that Go Into It.  Those stand at $34 billion.  All you really have to do is move the number from one side of the page to the other.  

 

https://www.civicfed.org/blog/how-the-chicago-pension-funds-fared-in-2022#:~:text=Over the past ten years,FY2021%2C or by 2.1%.


Over the past ten years, the unfunded liabilities of the four pension funds combined have grown by $13.8 billion, or 68.6%, from $20.1 billion in FY2013. The total unfunded liabilities of the four funds increased to nearly $34.0 billion in FY2022 from $33.3 billion in FY2021, or by 2.1%.  


 

 

Edited by leh-nerd skin-erd
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Posted
17 minutes ago, leh-nerd skin-erd said:

Ah, you may be including the unfunded pension liabilities of the city in Tibsy’s Other Factors that Go Into It.  Those stand at $34 billion.  All you really have to do is move the number from one side of the page to the other.  

 

https://www.civicfed.org/blog/how-the-chicago-pension-funds-fared-in-2022#:~:text=Over the past ten years,FY2021%2C or by 2.1%.


Over the past ten years, the unfunded liabilities of the four pension funds combined have grown by $13.8 billion, or 68.6%, from $20.1 billion in FY2013. The total unfunded liabilities of the four funds increased to nearly $34.0 billion in FY2022 from $33.3 billion in FY2021, or by 2.1%.  


 

 

Interesting. Chicago is still one of the richest cities on the planet 

Posted

just to  make sure I was reading the OP title right, I had to come to PPP and get the straight scoop. On The Poop. From the man himself.

 

I trust exileds'  word. He is a man of science and decorum

 

PS: just 1 of those above is true

 

🙂

 

haha nanny nanny boo boo PPP you guys crack me up sometimes 🙂

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Posted
57 minutes ago, Tiberius said:

Interesting. Chicago is still one of the richest cities on the planet 

Oh God yes.  The streets are paved with gold.  

3 hours ago, ExiledInIllinois said:

 

 

On another note... 4 days ago.  Evaporation MAY be caused by light alone. NO heat!

 

Pretty game changing stuff if true... With regards to cost of desalination! AND wondering where the water goes!

 

Enjoy. 😉 

 

https://scitechdaily.com/mits-surprising-discovery-light-can-evaporate-water-without-heat/

 

 

I really thought everything we ever needed to know we already did. 
 

Friggin cholera! 

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Posted
59 minutes ago, muppy said:

just to  make sure I was reading the OP title right, I had to come to PPP and get the straight scoop. On The Poop. From the man himself.

 

I trust exileds'  word. He is a man of science and decorum

 

PS: just 1 of those above is true

 

🙂

 

haha nanny nanny boo boo PPP you guys crack me up sometimes 🙂

Remember that Rasputin was a man of science and decorum of the day. The science was mysticism, of course, but still. 

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Posted
4 hours ago, leh-nerd skin-erd said:

Corruption and grift are always profitable for some, not so much for the many.  But, if your contention is that Chicago’s past is squeaky clean, you’re beyond help.

 

Btw Chicago is rich in the $538 million budget shortfall in 2024 sorta way.   

 

 

  
 

Yes. So r unfair tax laws…

1 hour ago, muppy said:

just to  make sure I was reading the OP title right, I had to come to PPP and get the straight scoop. On The Poop. From the man himself.

 

I trust exileds'  word. He is a man of science and decorum

 

PS: just 1 of those above is true

 

🙂

 

haha nanny nanny boo boo PPP you guys crack me up sometimes 🙂

Come into the sandbox and play a while

Posted
3 minutes ago, Joe Ferguson forever said:

Depends on the day. Sometimes it’s a septic tank. At its best it’s a sandbox. I was being encouraging to Muppy

I know, and I was being a goofball 

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Posted
43 minutes ago, Tiberius said:

The median household income in Chicago is $90,766. This means Chicago income is much higher than the median income in the United States, with city household incomes in the 87th percentile.

 

https://bestneighborhood.org/household-income-chicago-il/


I see.  Makes me wonder about all that poverty, violence and being budget deficits, $34b light  on obligations to pensioners, challenges with infrastructure management, but I guess if you don’t include all thay and focus on the wealthy, everything is rosy.  The high class folk did ok on the Titanic too, what with lifeboats and such.   

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Posted

Must have been an old article that someone posted. On the web site I saw it ,I just searched back to yesterday morning and no sign of the article.

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Posted

Illinois doesn't tax you on your pension, SS, and your 401k... It's a good state to retire in... Or at least have your address there. 

6 minutes ago, Wacka said:

Must have been an old article that someone posted. On the web site I saw it ,I just searched back to yesterday morning and no sign of the article.

Still it's pretty messed up here. I think a lot of old storm system is tied onto sanitary?

 

They have been building the "Deep Tunnel" since the 1970s:

 

https://en.m.wikipedia.org/wiki/Tunnel_and_Reservoir_Plan#Status

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Posted
5 hours ago, Tiberius said:

The median household income in Chicago is $90,766. This means Chicago income is much higher than the median income in the United States, with city household incomes in the 87th percentile.

 

https://bestneighborhood.org/household-income-chicago-il/

https://bestneighborhood.org/household-income-san-francisco-ca/

 

The median household income in San Francisco is $128,823. This means San Francisco income is much higher than the median income in the United States, with city household incomes in the 97th percentile.


 

Look at that! Another of America’s richest cities doing great! Even better than Chicago! I’ll bet people and businesses are just itching to settle there. 

 

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Posted
17 hours ago, JDHillFan said:

https://bestneighborhood.org/household-income-san-francisco-ca/

 

The median household income in San Francisco is $128,823. This means San Francisco income is much higher than the median income in the United States, with city household incomes in the 97th percentile.


Look at that! Another of America’s richest cities doing great! Even better than Chicago! I’ll bet people and businesses are just itching to settle there.

 

Clearly plenty are itching to get out:

https://reformcalifornia.org/news/heres-a-list-of-companies-fleeing-san-francisco-and-why

 

https://buildremote.co/companies/companies-leaving-chicago/#:~:text=Boeing,%2C federal regulators and lawmakers.”

 

 

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Posted
On 11/8/2023 at 12:02 PM, muppy said:

just to  make sure I was reading the OP title right, I had to come to PPP and get the straight scoop. On The Poop. From the man himself.

 

I trust exileds'  word. He is a man of science and decorum

 

PS: just 1 of those above is true

 

🙂

 

haha nanny nanny boo boo PPP you guys crack me up sometimes 🙂

I won't steer you wrong. Only the straight data!

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