-- 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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As one young man of south of the border extraction explained to me “ We’re here and we’re staying “.
I guess the article is lumping actual Mexicans (aliens) and Mexican-Americans together. Isn’t that racist?
Illegals combined with all their many children over the past 40+ years have taken over. Juyst like in California. Soon to be Arizona and Texas.
GOP and their elites have done nothing and anyone like Trump who calls it out is vilified by these RINO elites.
Phrased differently, Mexican immigrants, illegal and legal, are stealing jobs that natives or other legal immigrants would otherwise take, at higher wages. As a result, the 15 communities that are a majority Mexican have some of the lowest incomes in the entire Chicago region, with areas like Hermosa with an average household income of $38,700, which is half the average US household income. As a result, the number of households in poverty or on government aid is disproportionately higher than the rest of Chicagoland area, and crime is 4x that of predominantly white or asian areas. The government is subsidizing… Read more »
Well Stated!
Unfortunately the deportations will be held up in court for years
They can litigate their cases in courtrooms in the US Embassy in Mexico, if they win, they can return.