-- 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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Yup learning recovery because of you Pritzker
Like all progressives, Pritzker cares little for actual governing. The day to day politics of governance bore him. He cares only to reorder society according to his political ideologies. He uses executive orders to reengineer society and signs whatever cultural issue bill crosses his desk. I could give 100 examples of this but every reader of Wirepoints is already aware of them. So when JBPutin says he wants a learning recovery, he intends to fill these childrens’ empty minds with more CRT and radical gender theory nonsense.
Pritzker makes lots of promises he hasn’t kept including his promise to end the political gerrymandering mess Illinois is in. Should Pritzker say the sun is shining I would raise the shade and look out to see.
I would like the writer to show how this spending is distributed across the state.
Given the thousands of taxpayer dollars being spent with dismal results, it is time to wipe the board and reset. Throwing more money into bad programs isn’t going to change a thing. Bailey isn’t going to eliminate the school budgets, but hopefully spend it more wisely.
He destroyed the education of children across this state with his lockdown. Why should he be trusted to get it back on track? Short answer, he shouldn’t.