-- 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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TRUMP 2024
Joe Biden was bipartisan? Pritzker has been hitting to many marijuana clinics lately.
Biden caused the crisis day one in rescinding Trump executive orders. The numbers show the dramatic rise in illegal immigration once he took office. He did nothing to control the flood he apparently wanted. Was it prompted by a desire to boost population by any means possible, a way to secure a generation(s) of Democrat voters? What is the dollar cost of his inaction/willful ignorance on cities across the country, on school districts and municipal services? Incalculable. What of the human tragedy of crimes committed by people who were in prison in other country’s who were released and came here?… Read more »
Says the toady with a 5% unemployment rate. Weak people blame others for their failures.
It’s always Trump, isnt governor Commodeius? Nevermind the fact that Joe, with his sweeping executive orders on his first day could’ve done something to address the problem, but didn’t. Nope, Trump, Trump, Trump!