-- 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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God help us all if Pritzker tries to get into the White House, first thing he does is remove all the toilets!
WHEN WILL BLACKS LEARN THE DEMOCRAT PARTY DOES NOT CARE ABOUT BLACK JOBS
Pritzker is ruing IL, don’t let him bring down the whole country. People are fleeing IL due to his policies and taxes
That JB is a bumbling, inept excuse for a governor comes as no shock. Neither does the fact that black activists are never happy and never will be.