-- 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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What if he catches the coronavirus and ends up asymptomatic. Will that change his opinion of the severity of the virus?
I doubt he will be asymptomatic at his waistline…
Wonder if he’ll fly down to Florida to isolate?
I think he is there already. Rumor is he sneaked down over weekend on private jet and will be back today
Someone should send out a FOIA, wouldn’t shock me in the slightest.
If only he would stay there…
If Pritz gets the virus he is most certainly toast.
I think he is already there. Needed an excuse to go there for Mother’s Day for his wife.