-- 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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Yes they are.
LOL most of Springfield’s policies are wildly unpopular with most people, yet, here we are anyway.
Of course Brando wants a blank check with no accountability, that’s his whole shtick! The man cries racism anytime something doesn’t go his way, and has demonstrated zero ability to be a responsible adult in his life. Case in point, his personal credit issues. He is the shining example of what every parent doesn’t want his or her child to grow up to be. And Chicago Dems can’t wait to vote for the pointy headed idiot again.
Everyone pretty much knows Pritzker and the Leftists Democrats are just greasing the skids for the next statewide bailout, w/o any strings of reform or cost cutting, of a failed Chicago public union jobs program.
Suburban Cook county tired of being taxed for Chicago as well
Yeah your kind of screwed, unfortunate.
I clearly understand your sentiment, I also feel sorry for the people who didn’t build a house at the end of a runway and now live there because of new runways, they also got the Chicago bone job.
Downstate Illinois is not Chicago’s piggybank from a politician. I must be asleep and dreaming or something because I have never ever heard anything like this from an Illinois politician before.
On of the very few Republican’s in a carved out state that can survive.