-- 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
irreparable harm is easily resolved, drop sanctuary, poof it’s solved.
But I’m damn glad it doesn’t include our state.
Heather Cherone, typist on behalf of Wilmette Talking To Winnetka and the DNC, gleefully touts this latest unconstitutional intrusion by a low-ranking District Judge. This lawfare will be overturned, as so much of the left’s assault on the Presidency has been thus far. Remember kids, you’re footing the bill for all this partisan lawfare…