-- 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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So it is misinformation because WCIA says so? How about the blatant misinformation that the Vaccines do anything to slow down the spread of COVID? How about the Lies told that the Unvaccinated are the only source of COVID spreading when in fact that vaccinated do spread the virus? Will the BS ever stop flowing?
The pearl clutching in that article, my goodness. Rumble is a threat to Democracy because people believe Biden stole the election? Covid misinformation is ‘debunked’ by mainstream propaganda sources?
It’s just another anything we don’t like or challenges our viewpoint is misinformation.
No complaints about mega donor Pritzger spending $90 million tho, amazing bias.