-- 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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Nothing a 24 hour “cooling off” period can’t help. I’m sure by then all the problems will be fixed.
who downvoted this obviously sarcastic comment?
Lori just buckled and prioritized vaccines to the CTU. So elderly, immune compromised, disabled and cancer and coronary patients will die so Lori can get more ghetto votes. When is this going to end?
They are no longer called ghettos. They are now known as disinvestment zones.
I guess you’ve not read/seen the many reports of elderly DYING following this “vaccine.” Wake UP.
I love it when the left eats themselves.
And Lighthead wonders why people are leaving Chicago and then Pritzker wonders why people are leaving Illinois. Catch a clue.
Cannot help the fools in Chicago- Parents included.
The city is like a sinking boat!