-- 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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It seems that people have enough trouble voting intelligently with the system we have now. How would complicating the system help?
I think ranked choice voting would make it easier for the commies to steal elections.
NO NO NO…. Another Socialist plan by the Democrats.
GEE……..THAT’S BECAUSE THEY ARE SOCIALIST LEANING TOWARD COMM………
Works for the incumbent ruling class as it knows very few people bother to vote. That is how Alaska
got its socialist senator las time.
THEY FIGURE THEIR VOTE WON’T COUNT BECAUSE OF CHEATING AT THE POLES