-- 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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At least nobody is dying of the Flu or anything else this year it seems..
Again–DUE or with are two totally different things.
But Lard boy piles them all into one. This way the state and the hospitals and everyone else gets more money from the government.
You know that these numbers are inflated and wrong.
Sorry but I have a hard time believing these numbers
As with all the “covid” stats, is full context actually given on the numbers??? The media scrutinizes such info like the State of IL handles pension reform.
Stop intentionally killing old people JB.
He probably owns stock in the “Soylent Green” processing company.