-- 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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I read that headline and the first thing I think of is “Yes, he does set himself apart from others by his food intake.”
JB is the Kim Jong Un of Illinois! The resemblance is amazing. JB just needs the North Korean buzz cut and they’ll look like twins.
What about Pritzker’s corrupt practices? JBs corruption ok?
In reading this article all I can say is WOW. The New Republic nutjobs crazy train has gone off the rails. People pay to read this Jacobin drivel? Their tyrannical mental perversion of America and the Constitution is astounding.
Wow. Further into radical leftism they go. Too bad this is behind a paywall.