-- 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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Only needs repeating, “Trump was right…about everything.”
And Pritzker knows it.
Pritzker wants violence
Like the insipid TACO label applied to Trump, Pritzger and the other Dem com bots keep trying to come up with something catchy, and fail as miserably as they do at everything else. Oh well, they’ll always have “ Nazi “ to hurl at Trump and “ white supremacists “ at those who voted for him.