-- 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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Jbs heroically fighting to to close the systemic racial gap, by giving more power to are majoriry white upperincome gaurenteeted lifestyle ctu & firefighters heros at the expense of the rest of us?
It’s the Preckwinkle democrats waging was on LL for humiliating her in the last mayoral election. She’ll destroy the city rather then see Lightfoot reelected
Yup, it’s obvious that dem machine boss– preckwinkle, ctu, fake machine progressive alderman and the rest of the city unions want lightfoot gone. Not sure i get why, because she dared suggest jb & state legislature do something about pension reform? What i mostly don’t get is why jb is so beholden to the city & state dem machine that he’d completely throw chicagoans under the bus? Does he have an independent bone in his fat ass body? There’s no Republican challenger even on the horizon and he doesn’t need their union dues/ campaign cash. So, why is he so… Read more »
Yep- Just keep your liberal views and dumbocrats in the city!
CTU, Antifa, and BLM, increasing suburban property values by chasing people out of Chicago.