-- 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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Enough fraudulent votes will be manufactured in Chicago to keep this clown around. Until there is election integrity in Chicago there is no hope for IL.
What has Pritzker done to make Illinois a better place to live? He expanded gambling and legalized pot, which are favorite pastimes of the best people. He doubled the gas tax. He has opened the prisons to let criminals resume their chosen profession. He let rioters have their way with the largest city in the state, doing nothing to stop the madness. He is a social justice warrior of the highest order, causing more Illinoisans to flee the state. He has done nothing to address the structural budget deficit that plagues the state, instead relying on a blue state bailout… Read more »
All Pritzker did was play follow the leader, again totally delusional.