-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Pritzker should worry. As the proud chief antagonist of Trump throughout the campaign, and frankly for the last 8 years, the Happy Warrior is going to reap what he has sown. He’s another arrogant elitist Dem, and while his actions won’t hurt him, his constituents will pay a price for his unrelenting pettiness when it comes to Trump. What a huge knob JB is.
This human waste must be voted out of Illinois, out of power regardless of how much money he spends on his campaign. He bankrupted Illinois and we must save the future of our children here. It is time to understand that we need to elect a competent, honest, and loyal patriot and stay away from the democrat apparatchiks. This one ruins the economy of the state, and our livelihood, and the worst he does is that he promotes murdering of children.
He’s calling it partisanship? After he outright says he’s going to buck all of Trump’s efforts to right the ship? Would any business, or human being, award anything to somebody that says they don’t like you and are going to work against you? Including the misuse, or corrupt use, of federal funding? Such an idiot! Thinks we’re all dumb!
Unfortunately you all get what you voted for. Maybe the next time Illinoisans go into the voting booth they’ll think twice before instinctively pulling the same lever.
We can only dream! They think that voting for a different Democrat will fix the problem.
You’re exactly right! I’m stuck in Illinois for a variety of reasons and I agree with you – elections have consequences and I’ve been voting against ALL Democrats for 20 years, but others don’t seem to get it!
Pritzker needs to go. He’s not representing taxpayers.
Broken record Pritzger invokes the Trump name whenever in a tight spot due to his disastrous, progressive policies . The blue sheep, still smarting from November 5th, are only too eager to lap it up like covid vaccines.