-- 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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Offering this wonderful publication won’t increase readers! I suggest they pay people to examine their fine paper. A tragedy!
The day is coming when people will have
the Slum Times in their outhouse and it won’t before reading material.
At free…it is still overpriced.
This move probably hurts Block Club Chicago as they’ll have another news outlet to compete with for grants. Will the CS-T continue its push left and cannibalize Block Club readers? Do readers matter anymore in the world of non-profit journalism?
The Sun Times is worth every penny you pay for it
Parakeets everywhere are upset that their cage linings are gone.
Of course it’s free, garbage has always been free.
This site is free. Tribune still charges. What exactly are you saying?
Isn’t that the socialist way, everything is free.
It may be free but it is still the Slum Times!