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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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Get ready for the Race Card to be played in 5…..4……3……..
Everyone remembers the show are you smarter than a 5th grader, well 5th graders could run Springfield and the state of Illinois far better than all these disgusting dysfunctional politicians in Springfield this is absolutely sickening and disheartening how are state is being run. We have a guy named Pritzker that throws a tantrum every time he is challenged and defeated thinking he is above and beyond the law and every signal person in Illinois because he has money, and as far as it goes for are legislators grow the hell up what is wrong with you people start handling… Read more »
I’ll agree if you’ll make only one minor change. Insert the word “Trump” to replace “Pritzker.” Okay? Now, do the rest of you see what I mean about the arguments here. They are essentially the same story over and over again, but insert the person or party of your choice where the writer intended another name, and you’ll agree with his point of view.
Trump lives rent free in your head. Oh, and now it’s coming out that Trump was right about so many things. I’d rather have a few mean tweets than to be dealing with 8% inflation, unsecured border and the current puppet in the White House.
Now you’re just doing this on purpose to troll. Didn’t you just write about acting like a two year old?
I believe it’s called TDS, Trump Derangement Syndrome. Everything, absolutely EVERYTHING relates back to Trump.
Try therapy.
how will you cope when trump is elected in 2024?
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