-- 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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That bozo can’t spell math. But you degenerates elected him as your mayor. That means most of you can’t spell math if you were spotted the mat.
Tabares nails it:
And don’t forget, Brando & Stacy along with so many in press are only recent suburban transplant/ equity grifters who moved here to work their we “know what’s best for Chicago’s Black and brown residents” $$hustle$$.
I guess you can add 29 yr old Kennedy Bartley to the suburban transplant equity grifter list….that the new machine/ progressive left is so love with. Try and Google her background you’ll find surprisingly little info