-- 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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He’d be perfect for a new Truth Ministry that Harris longs for.
Insult to injury if Harris won and then appointed Priztker as a cabinet secretary. Maybe Health and Human services perhaps as he did such a stellar job shepherding Illinois through the COVID lockdown. No doubt he would perform equally well implementing gender change options and abortion on demand for all 😱
Maybe a spokesperson for WW?
Pritzker should not have a cabinet position. He only is for a select group of citizens, not all citizens. We need to get him out of IL as well.