-- 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 saw today that Jabba had 940,000 more votes than Rauner in 2018. And I also read that there 1,000,000 unemployment claims.
I hope to god there is great overlap between those filing claims and those who voted for Jabba. They get exactly what they deserve.
Your hope might be misplaced. All of the public unions are still getting a paycheck and getting raises. They have been purposefully taken care of.
The rest of the democrats will never, ever change their vote to a republican.
The Democrat party know this, and that’s why they don’t care what any of us think. They’ve taken care of their own.