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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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Best thing about this strike is that it exposes the stupidity of Biden’s Electric Car mandate
Donald Trump Calls On Auto Workers Union To Make Ending EV Mandates Priority In High-Stakes Negotiations – Fox News, The Hill; Hawley: Auto Workers Deserve Raise, Protection From Biden’s Stupid Climate Mandates – The Hill; Biden’s Plan To Force Americans Into EVs Is Under Fire From All Sides – Daily Caller
Folks, it’s not just public unions that are scum, it’s the private ones too.