-- 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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Too busy updating endless mandates.
Well…will charges be filed or is it just more paper being pushed around?
Pritzker tried to cover up workers comp fraud — why would he report unemployment fraud
https://www.thecentersquare.com/illinois/pritzker-denies-knowing-about-work-comp-fraud-allegations/article_24521f2c-142c-11ed-a9a5-d7613b55976e.html
First three words the headline captured it beautifully.
Another disaster for this LOL governor JB. At one of JB’s covid updates he boasted about the state using not 1, not 2, but 3 of the top consulting firms to help with pandemic tax dollars to help the unemployed and refused Federal help. Not to mention the Federal government would pay for that of course with our tax dollars. Now he tries to blame the Federal government for lack of guidance. For the people who needed that money remember what this Moron did to you! For the taxpayer’s who have to foot all these bills remember JB’s LOL at… Read more »