-- 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 does not have to learn anything. This state is DEEP BLUE and he can do anything he wants. An unfortunate reality.
While I do not like to poke fun at someone’s physical stature look at Pritzker’s photo. The press photographers for years have done their best to to hide Pritzker’s real looks and with the magic of photo angles and lighting made him appear much different than he really is. Now I have noticed that many photos have “stripped the icing off the cake” and show the reality of the man’s unappealing physique. Does this mean that Pritzker has lost his “luster” with the press? Consider that he did not get a nod for a Presidential ticket nomination and is now… Read more »
Let Pritzker keep pushing his agenda he’s walking himself right out the door, hope it don’t hit him in the ass on the way out.
No, I’d like the door to hit him in the butt – good and hard!
Pritzker’s kingdom of Illinois is failing miserably due to overtaxing and overspending on extreme progressive policies. Billions thrown at illegals for example. Now massive budget deficits loom at the state level, as well as the progressive disaster known as Chicago. Throw in a fiscal cliff at the multiple public transportation agencies and CPS for good measure. Of course the massive ego JB halls around with him prevents any pivot towards sound policies. Nope, the big man is going to double down on his massively failing policies. Illinois is going to end up an island on fire as surrounding red states… Read more »
*hauls
Great article from a Democrat!!!