-- 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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Labor union leaders may back JB and Biden but its members certainly don’t.
Not so in my experiences. The union dogs follow their masters blindly. Not all, but most. I have very conservative friends who are union guys but when election times come they mostly vote for the candidates they are told to support. I asked a couple of them why and their explanation, “The union knows what best for us”. I sometimes just stare at them and ask them if they understand what they just said and it’s always “The union knows what’s best”. Amazing.
Depends on the union. The trades went for Trump hard core.
Maybe Chinese union workers. . .all the American union guys I know voted trump. Biden voters are mythical beings invented by the deep state to fool you into submission. Wake up Illinois
Its amazing and concerning really. To almost disregard critical thought because of a membership in an organization. “They have my back” mindset can ultimately cloud one’s own judgment. Wild. Many tradesmen I know supported Trump and rejected JB. Though I did meet a few who felt differently. You have as well it seems. Most of the large trade unions supported Biden but considering the divergent membership. Police, fire, military etc. Blue collar folk. Members were voting Trump. I have my convictions after 22 years and still vote for who can best represent me. Even if its against the will/suggestion of… Read more »
Didn’t these labor unions back Pritzker? They should be happy to lay in the bed they helped make for themselves.
Never let a good pandemic go to waste. Illinois will continue the fear mongering because they know residents here believe freedom is something given to you by government. Whereas Texas residents know freedom is something you have to take and fight for. Residents need to start challenging Illinois, first by not wearing a mask, take back your freedom.
Demoncrats, friends of the union men and women. 10 days in office and Sleepy Uncle Joe, placeholder of the Oval Office, makes orders that costs 50,000 dedicated demoncrat voters lose their jobs that were provided by an the evil Republican. Union demoncrat voters are useful idiots
Jag Boy (the LARGE picture of health–LOL) is the one who has been directing Illinois’s health along with the actresses.
TIME to open up.
Not until the stimulus passes & all the blue state Govs. get paid first…
For being the good foot soldiers of the lockdowns…
Our guy will be first in line with his hand out, expecting a large payoff…
Until then, we suffer…
Nero fiddled while Rome burned.
JB fatty stuffs his mouth with donuts as Illinois collapses financially.
The utter incompetence of these people. They wrecked so many good things “in the name of equity”.