-- 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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What would Jesus say about this?
We will not truly know the cost until many of these illegals get heart/liver/kidney/bowel/pancreas/lung/etc transplants. Plus all the cancer treatments/diabetes management/birthing costs and of course top shelf medications at full price. Then we will know the cost
Good point, since healthcare costs are concentrated so heavily towards the latest years.
Will Unvaxxed illegals get the hospital care Unvaxxed American citizens are refused because they didn’t take the clot shot?
Off course and you asking that question proves you’re a White supremacist. Don’t believe me? Ask a democrat.
I assume that the tax payer’s in Illinois realize that the state is broke, doa, done for all these promises without a significant tax payer base to fund the ludicrous programs. They all said the titanic couldn’t sink so I assume the politicians think the same.
Any ship that Pritzker is on is capable of sinking. Literally and figuratively.
Let’s not forget the inbound and northbound climate refugees heading for Chicago as long as the St. Lawrence Seaway doesn’t back up.
Hmm, where does the phrase “Public Charge” come from?
The phrase is Criminal Illegal Immigrants. Deport them.
Meanwhile, all the education advocates are whining the state isn’t spending enough on evidence-based funding. Well, here’s you money. Come n get it.
A ship of fools helmed by lunatics
Use that money to RETURN THEM TO THEIR COUNTRY OF ORIGIN.
Free healthcare for future Democrat voters is all this amounts to.
Only progressives would estimate the cost of a program at $2 mil per year; actual cost $188 mil per year. Solution? Expand eligibility for the program even more.
PPF better get after this right away. Don’t they know that money belongs to Tier I pensioners?
Any cent NOT spent on the criminial pensioners is theft in their feeble minds. Although in this instance I’d rather see the taxpayers stolen money spent on the pensioner criminals than on the illegal immigrant criminals.