-- 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
Ummm…can someone pleae tell Governor Happy Meal Warrior that states don’t grant citizenship.
And I’m sure Joe contacted the governor of every state affected by his plethora of executive orders that he signed, right? BTW, Joe has now pardoned over 8K people, compared to the hundreds pardoned by Trump and 1927 pardoned by Obama. That’s a lot of phone calls to governors. Not. Actions taken on the federal level don’t require the blessing of everyone, especially not power hungry progressives like JB, who showed his true colors by keeping IL on lockdown while vacationing in other less restrictive states.
JB ruled through executive action almost exclusively as soon as Covid started. Took away constitutional freedoms well beyond the point of any danger, and he knew it! Sorry JB, but we rate your current indignation as mostly BS.
Pritzker claimed his biggest problem with the new administration is “the intent to attack people’s rights. Well then Pritzker why are you violating the Constitution of the United States of America by violating my rights under the Second Amendment the right to bear arms.
Yes you will follow the order, JB.