-- 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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How many of the 2024 businesses were one person “ barber shops “ or “ security firms “? Just wondering.
Comrades, our Five Year Plan is proceeding successfully by driving our the greedy capitalists who are exploiting the proletariat!
All glory to the State!
For the mathematically incompetent CTU vermin ‘teachers’ – a redundant statement – thats a 20% drop in a decade. A massive change and the future of your stolen pension funding. Good luck with that. Gravy Train dog food is tasty I hear.
I think you might soon be a Trump staffer. You have a similar aura, and he likely will want you in his circle. Oh, the times they are a-changin’! You’d be a natural, a Paine working for a Royal Pain.
Sorry about the wake up call. But the aura of reality is going to steamroll you and the rest of the Public Sector Union scum. Sad that teachers union’s have drowned the once respected profession of teaching in a pool of sewage. No one has any respect for the CTU terrorist leeches any longer.