-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Clueless, doesn’t he know the number one item on his party’s platform list is RESIST? He didn’t mention that word once, even on the USMCA, his party only used that agreement to offset perceptions about impeaching for political motives. Timing the USMCA as a mere foil to their record. He really looks like he just fell off the turnip truck saying his party is the one that works well with others. If he were serious he’d be calling out their behavior.
what planet does this guy live on? serious question
A little late for that, Rahm. The new left has decisively outdone Trump on every one of his flaws.
Rahm fails to mention that Obama’s approval ratings at this point in his presidency was the same or roughly equal to Trump’s approval ratings. Important fact he omits!
He has to know that, barring some international blow-up that Trump gets blamed for, a historic disaster looms for Dems. The Deep State indictments are coming — the biggest and scariest political and media scandal ever. Impeachment has backfired. And the Dems will have an unelectable buffoon at the top of their ticket.