-- 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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I do think that the 2010 census was inflated, don’t trust the base number.
Yeah, all those missing IL school children, who no longer attend schools in IL, they all just left on their own, without parents or grandparents. It’s a census error too. Nobody believes this crap. Every institution under Joe Biden has politicized. craptasic fuchs was having a field day with this, “oh, we actually gained 250,000 people” sure we did as we look around at the abandoned buildings, empty office space, and abandoned strip malls that liter our landscape.
Absolutely a load of old cobblers.
We truly are corrupted to the core when we get to this point.
The end is coming; it is written in the Scriptures. And so it should.
Control the census bureau. Control the census. Familiar tune.
I wonder if Msall is related to the Captain of the Titanic?
Larry Msall, mayoral spokesperson!
Listen up everybody. Everything is just fine in Illinois. It’s growing. All the moving truck companies must have been telling lies.
Even if it’s accurate, IL growth was anemic at best and trailed the country as a whole.
I don’t believe it, just a different type of ballot box stuffing to achieve this result.