-- 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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Wait till folks start looking at his record. 48th state in the nation in terms of business climate. Second highest property taxes in the country. Our once great city of Chicago in shambles. Public schools a national disgrace. He will get laughed off the debate stage.
Don’t kid yourself. He’s a perfect Dem candidate apart from being hard on the eyes.
The only requirement for Dem candidacy is that you follow orders.
The democrats couldn’t find a more unqualified candidate than pritzger, oh, wait a minute.
Pritzker’s bloviating isn’t impressing anyone, anywhere.
““I think he should be our next president,” Johnna Davis, co-chair of the Belknap County Democrats, said as a couple other delegates seated in her row nodded along. “He’s got great energy. He’s perfect.””
Oh, you betcha he is, Johnna. He’s just absolutely perfect.
And thank you, Johnna, so very much for your clearly well informed, considered and sober minded opinion.
You can’t imagine how comforting it is to me when I read that Democrats like yourself think JB Pritzker is their best hope for a Democratic presidential candidate.
Probably touting his recent deferral of the scheduled $.02 gas tax hike upon Illinois residents…