-- 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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SDG should be used as an educational talking point in all classes. ENGLISH What is the object of this sentence? SDG told a big fat lie about where her kids go to school. MATH If SDG spent $19,000 to send her kid to private school, how much will she spend on public relations when the press finds out? SCIENCE If SDG thinks anything invented by a white person is racist and fascist, what disease would kill her, when she refuses their life-saving inventions? SOCIAL STUDIES If SDG is Black, but she keeps Black children locked up in failing union run… Read more »