-- 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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She worked really hard to earn her money. She must have worn out several pairs of knee pads serving the wage earnet
Elon is the anti George Soros.
So someone who actually created something is the bad guy because they spend the money that they earned on whatever the hell they want but someone who was given money, through divorce, is the better person because SHE is a liberal giving away her ex’s hard earned money. That in itself, a single liberal billionaire donor vs a Trump supporter, is the only reason for the misleading title of this sophomoric piece of yellow journalism. Got it. Next time, please do a detailed analysis of all the billionaires’ donations and compare. Of course, the spin on which is the better… Read more »
What a piece of partisan tripe!
Will it never end??
Does anyone really care what the sun-times thinks?
Elon Musk has done more for free speech since James Madison and Thomas Jefferson gave us the First Amendment. And the Sun-Times, predictably, hates him.