-- 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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And once again, im sure, another bill dreamed up by teachers unions and sponsored by some pay-to-play union due donations to campaign fund lackie that jb will sign off on in a heart beat with ZERO funding to local school districts to pay for?. Just like the education covid paid sick day deal….just leave it up to local school district taxpayers/ prop tax payers to pay for?? But your getting your 2 cents off on a gl of gas so your down-on-the-farm happy!!
Take all the time you need and from what I’ve seen on Lib on TikTok, I’d say public school teachers need extended mental health care.
After Years Of Locking Kids Out Of School, Pritzker Gives Teachers Even More Paid Days Off Work
Have to win a election some how