-- 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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I love this. Give me more of this.
Nothing but racism…
The “community” and the rest of need to get used to being 2nd class citizens. We’re only needed to pay for Lori’s Sunctuary City costs.
We all had a chance to elect an Americans first president but….
.
You’re still a sanctuary city, right?
Where’s the outrage from ctu standing up for black folks in Woodlawn using the empty schools? Or any of the zillion mayoral candidates for that matter?