-- 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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The progressive tax question should read. Do you the taxpayer approve of government taking more of your hard earned money and giving to politicians who squandered your money in the first place? #1 Yes #2 No #3 if you were thinking of saying Yes. What Is Wrong With You!!
Funny how ‘life’ and ‘reality’ get in the way of awful progressive ideology. They are, quite literally, almost always on the wrong side of things….
When the police and fire dept do not exist in illinois any longer, chicago will still vote DEM for every chance they can get, That is why you ask an older DEM why they vote that way.They will tell you because GRANDPA did!!! Not because of the country’s problems or any issues, Because of GRANDPA. I have never heard a conservative say that ,it was all ways issues.
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