-- 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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Can’t connect to the article, but I can guess by the comments. Guy most likely identifies as a KBO, known beat off!
Hey Ben,
Let’s focus on Trump sign…..
Not the rampant crime, taxes, and other real issues in Chicago!
Ben you are a dope!
That’s some serious TDS you’ve got there, Ben.
So:
But The Most Pressing Issue In The World is a Trump Sign and an insider tax deal.
Welcome to Clown World (Honk Honk!)
Selective application of our laws based on politics seems to be a deep affliction of Leftist Democrats.