-- 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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Poll numbers don’t matter when the ones counting the votes determine who your next mayor is going to be
The ones counting the votes determine who your next mayor is going to be, not the actual voters; so thats why polls don’t matter and they don’t care what you think
HOW RIGHT YOU ARE……..THANKS FOR SAYING IT OUT LOUD!!!!!!!!!
Sue, easy on the all caps, please. It’s like screaming (not that that isn’t understandable).