-- 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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Just what IL does not need. Another far left Democrat more concerned with illegals than US taxpayers. Vote Republican.
Just what we as a country do not need- another foreigner with a foreigner mindset telling Americans how to run the country. Right down the line, take a look at those that clawed their way out of their native pukeholes and their agendas- Omar, this one, Payapal, etc. Tribal people pushing tribal nonsense.