-- 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 let me see if I understand. Gas is up $3.25 a gallon since the Democrats took over Washington, and JB wants to save me from it increasing an additional $.02. Gee whiz, thanks for all your help JB. And on groceries, which are up 30% over the last 18 months where I shop, JB is going to save me 1% by temporarily suspending the grocery tax. Once again, such a generous man JB Pritzker is! Does this arrogant egomaniac think the people will fall for this garbage? Does he realize that the average person doesn’t have hired help to… Read more »
November 2022 send him packing
One & done.
You heard it here first.
People are furious about this hack.
JB Pritzker guesses that a gallon of milk costs $1.19 and a dozen eggs is $1.20. He has no idea at all. money has no concept to him. He literally has no idea what anything costs. He supposedly has the most expensive boat on all of lake geneva.
He knows that the all you can eat buffet at Golden Corral is $11.95 per person.