-- 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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Again, liberals fail at the process of contemplating second order impacts of their hopey-wishey view of the world…. Which would be fine if they were playing in a sandbox, but they’re not…. Their infantile view of the world has real consequences and, at some point, they need to be held accountable for their stupidity. When will the left-center folks realize most of the nonsense their elected officials support lacks a basis in reality?
This is more than a question of inconvenience – elderly or sickly people can die in a heat wave if the power lets out. Pritzker is playing with peoples lives for politics, again!!!
Transition to nuclear was ried once in Illinois. Google the Clinton County power plant
A “transition to renewable”? How stupid. Nuclear energy is the only solution but the left is too dumb to understand the problem.
Just remember to blame the anti fossil fuel gang, including JB and Sean Casten when your air conditioning goes out during the summer. We have lots to thank those two for, like violent crime, record inflation, ridiculously high gas prices….you get the picture. Two terrible individuals that need to go.
They know the reduction in fossil fuels usage will result in untold deaths. They see your death as…well…necessary to further their goals.