-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
A grim factcheck on Gov. Pritzker From Center Square Illinois today, Data from the state of Illinois shows there have been 899 vaccinated people who have been hospitalized with COVID-19, of which 189 have died. Gov. J.B. Pritzker was incorrect about those figures when asked. At the Illinois State Fair Wednesday, the governor said the best ways to protect yourself are to mask and get vaccinated. He said very few people have been hospitalized with COVID after being vaccinated and no one has died, despite the figures from the state Department of Health. Pritzker the liar strikes again, November 2022… Read more »
cannot vote him out without honest elections. Do not see anything changing with the way we vote come November of 2022. Very few Democrats or Republicans in this state from the local level on up (that includes areas of the State that are more Red) seem to think we have any issues with voter and election integrity.
Huh, people better start waking up.