-- 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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Here we go. More blowhard rhetoric on the way.
Gee, you think it has anything to do with Pritzker calling Trump a Nazi? Or refusing to let ICE remove criminal illegals?
How many billions of dollars are the IL taxpayers being shorted by the IL Dems?
If the planned IL budget depends on that kind of money from the federal government to make ends meet…we are spending too damn much money. Not a difficult concept to understand and if they understand it…then change it. Don’t go to the friggin press and complain…grifters.