-- 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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What leadership, Pritzker is a coward
When you read someone who is pro abortion explain themselves, it’s apparent that their movement is really a death cult with their absolute adherence to providing them anywhere, anytime. Zero attempts made to offer alternatives to preserve life.
And in the same interview, this clown says “You know, my philosophy from the beginning has been that this is about trying to keep people alive.” You cannot make this stuff up. He really is not very smart.