-- 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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Had my support last time, but he should have left this race, Ted will get my vote.
Unfortunately 4 counties , multiple cemeteries, and illegals will seal the deal for Pritzger. Conservatives don’t have the numbers anymore due to the mass exodus. Sad but true 4 more years of the same
I feel for him on a personal level but why a sequel to a really bad original?
Will he run as a Democrat if we can scrape together enough cash?
Give the money back to Pritzker that he paid you off with. Retire