-- 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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The DoE is not needed! Please end it.
People get tax funds to spend where they want their kids to go to school!
That’s not the Liberty we have in Illinois, that is a major problem!
All due to Demoncrats in Springfield!
They don’t want parents to have a Choice! Damn the teachers unions and their millions they pay politicians to vote against Education Choice!
This is why you don’t willy-nilly spend all the unexpected monies you got in the form of federal covid handouts on more stupid projects. Our country is broke, and the fact places like Illinois can’t even account in detail for how they spend federal funds, is now an issue DJT has to solve.