-- 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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He has his feedbag where ever he goes.
But he does not realize that there are people who need to make a living and the hospitality industry is it for them. The restaurants and bars are not the places where the major spikes of the virus are located–He needs to do some work and see that it is in environments like the assisted living locals. He lives high off the hog. As long as it does not effect his family then forget the lot.
As long as Governor Slobbo has access to his daily supply of two-dozen Krispy Kremes what’s the problem? Keep voting for Democrats all you Illinois Geniuses.