-- 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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Again, create a problem by normalizing/ legalizing drugs, and then create social service programs to mitigate the unfortunate outcomes, grifting cash all down the line.
SAD WHAT THIS GUY IS DOING TO ILLINOIS AND THE PEOPLE…….THAT’S WHAT DEMS DO……..THEIR POCKET FIRST!!
In a progressive utopia, drug addicts are left to die from overdoses.
Looks like illegals have replaced addicts as a priority of the Governor.