-- 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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Idiots think it is a general election. I had a (now former) Facebook friend say “vote them out June 28” (in regards to the Dobbs case).
Errr, it’s Illinois and they all agree with you on abortion.
She must have been a Capitol Fax subscriber.
To those remaining non liberal voters of Illinois, prepare to be disappointed again in November, and this time take the hint you aren’t wanted and get out.
Ain’t this the truth, just as the housing bubble deflates too. Sell your house here, take a loss, but make up the difference with a much cheaper house in a red state.
Abortion rights is not a vote changer. Any rabid pro-choice voter already votes every election cycle and votes Democrat.
But wouldn’t it be loverly if the cowed and silent majority was sufficiently outraged by the expansion of outlaw sanctuaries for the undocumented and the arson-inclined that it’d finally had enough and decided to overturn the enablers?