-- 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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Well since they aren’t take new residents and everyone pretty much had Covid who lived there, I guess JB does believe in herd immunity. That’s the only way this got “fixed”.
Have to say this, Pritzker your full sh-t there is know way possible the issues have been Addressed and fixed. Lie after lie after lie Pritzker since you took office your damn right you bare responsibility for this, this has been going on since the onset of the pandemic you should be held accountable in the courts also period! People in Illinois who have lost loved ones due to his negligence need to address this with lawyers and seek reparations for this horrible crime against are veterans. This form of negligence should not be exempt from lawsuits due to COVID-19,… Read more »