-- 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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Maybe just a lift for people that are obese but charging more for the elderly is just criminal, like most things this state does.
And the facilities will then pass it along to their elderly residents. Today ambulance/paramedic calls are supported with a full fire truck engine of firemen. If they can’t do their job with that many paramedics and firemen then find another job. This isn’t just Johnny Gage and Roy DeSoto handling a gurney all by themseves.