-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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I will never vote for a democrat in this state!
Our politicians Democratic in this State are immoral and corrupt in that they ignore the views of their constituents. For a conservative to stay sane here, we all find little ways to fight back, which it seems will further the divide.
Everyone knows it will be a 14D-3R split, which is 17.6% of all IL house seats, despite Trump getting 41% of IL votes. Gerrymandering to the extreme here. But every state is doing it this year to the extreme too. That guy Wasserman is all over this, interesting twitter feed for wonks.
Delete your tricker
I’m not on twitter, I only read others. Twitter has some usefulness:
https://twitter.com/Redistrict/status/1399859335329636356
“ILLINOIS: per sources, Dems are considering redrawing #IL17 even more aggressively in light of Rep. Cheri Bustos (D)’s exit, in a bid to save their House majority. In the 14D-3R example below, #IL17 would go from Trump +2 to Biden +3. All 13 other D seats are Biden +12 or more.
https://twitter.com/Redistrict/status/1399861496675459074
A 14D-3R map would eliminate Rep. Adam Kinzinger (R)’s #IL16 (Dems figure he’d lose a primary to a pro-Trump R anyway) and severely threaten #IL13 Rep. Rodney Davis (R). Here’s the hypothetical map shaded by partisan lean: