-- 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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Is SNAP a new breakfast cereal?
If JB would stop giving SNAP benefits to illegals, that would help. That would correct one big error.
How to say we don’t care how many people are on welfare without saying so. How many people turned down advances in their lives ( i. e. JOBS )to wean themselves off of welfare in IL? Thousands, it was recently announced.
Pritzker has it wrong. Naturally larger states will have more errors in absolute numbers but not in the rate of errors. I would almost think that larger states would have lower error rates because with the larger amount of cases handled they naturally have more experience in preventing errors. Pritzker is once again baffling people with BS to try and hide another of his failures.
What a lame answer
From a lame a$$ governor