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What will the Governor say in his budget address this week? Wirepoints joins Slocum in the Morning on WJOL to discuss.
https://post.futurimedia.com/wjolam/playlist/listen-2509.html
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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Thank for taking down my comment about pritzker wirepoints,turning into a leftist cancel culture
“Budget.” At the State of Illinois, there is no budget. It is a “budget,” meaning it is filled with accounting tricks and gimmicks. So what misleading statements will Governor Pritzker say about the phony budget? A better exercise would be to simply repeat over and over the accounting tricks and gimmicks. Or at the very least in each “budget” article link to past articles and a fact sheet illustrating how State of Illinois budgets are a joke. The state is cooking the books legally and constitutionally. Truth in Accounting is another good resource for the State of Illinois and other… Read more »
Mike, Thanks for the shoutout. Ggo to http://www.truthinaccounting.org/letter to help us get rid of this bad accounting method that allows these gimmicks.
The heavy breathing. The sweating. The arrogant indifference. The scapegoating.
Nope, not gonna watch!
Lol,hilarious!!
He’ll say: “Rauner. Trump. Trump. Rauner. Rauner. Rauner. Trump. Trump. Trump. Trump. Rauner.”
That’s pretty funny too!!
You took the words right out of his mouth
That’s about the only thing taken from that pig’s mouth.