-- 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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US citizens who value safety, as well as law and order, need to show up to vote in massive numbers next year. Be sure granny in the old folks home votes once or twice as well. We’ll need to offset all the illegals and couch dwellers that the Dems will use to stuff the ballot box.
Last election was the highest turnout ever with Biden and Trump (allegedly) receiving the 1st highest and second highest number of votes ever. If I had to guess, less than 1% of Biden voters will switch their vote from D to R. Despite the ‘independent’ label out there most these days tend to vote only in one direction or the other. The swing voter is a myth. What you are counting on is a lower Dem turnout and a higher Repub turnout. And to achieve that there needs to be months and months of negative attack ads to demoralize the… Read more »