-- 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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Dictator for Life Jabba and Groot are literally murdering Grandma and Grandpa! These two homicidal maniacs literally have their knees on the necks of the elderly, our most vulnerable. If the cops in Minneapolis can be charged with murder why not Groot and the Dictator for Life?
As Ive said since the beginning, let anyone under 50 and healthy live their lives, and direct the majority of the coronavirus resources towards the elderly and unhealthy. But that’s discrimination or inequitable or something.