-- 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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She is just doing what she is told. Anything Trump does – is Bad. Do the opposite. Think the opposite…even when it’s stupid.
Duckworth is an incompetent idiot. Vote her out. She has done nothing for IL US citizens.
If the majority of voters also believe she is incompetent, you’ll get your wish. I wonder what will happen.
Sign Duckworth up to fly a counter mission for Iran. It would be good for IL and the US if she utilized her pilot skills for them given the predictable result.
How is Moline “Central” Illinois?