-- 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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Tell me again Wirepoints, “Why do you think this state deserves saving?”
Mike, we work to destroy and pound into dust everything wrong about Illinois. Framing the questions as you did is both simplistic and an inacurate way to state what we stand for. We’ve long been on record as saying a major meltdown will and must occur before the reforms we advocate are embraced. In the meantime there are lessons being taught that other states should be following, and a vision for what should arise from the dust should be offered, which we try to do. Most IL voters are responsible and deserve the hurt that they brought on themselves, but… Read more »
This indoctrination of children into a perverted world view will make it much easier to prosecute people later on for ‘having a dirty mind’ – They don’t want unity, but conformance.
Hope the suburban ‘Karens’ are happy!
Are the CTU teachers going to be fired for not returning to the classroom?
Probably adds to one of the reasons Illinois is the most hated state.
Finally there’s an offense that can get a teacher fired
Yes, exhibiting signs of independent rational thought can now get them fired.