-- 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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Fair to IL Democrats means divvying up their gerrymandered districts ‘equitably’ among themselves. It has nothing to do with increasing the representative power of 40-45% of the state that consistently votes Republican every election but has been gerrymandered into less than 1/3rd of all seats.
So True! We hear this same nonsense about equitable representation all the time and “equitable” means Republicans are minimalized. How about we try real bipartisan politics and have a joint committee on true redistricting. In case no one has noticed, Democrat policies in this state for the past 30 years haven’t created budget surpluses, lower taxes, or an influx of companies moving here.
Democrats don’t want any of those things. The short haired middle-aged harpies and their soy boy husbands who live in my neighborhood and obsess about politics only care about progressive values. That doesn’t include budget surpluses, lower taxes or business. They care only about density, LGBT Whatever and anti-racism. They don’t care about basic governance, they only care about forcing their social issues upon you, willingly or unwillingly.