-- 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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Who didn’t see this coming. The reparations fraud racket will always be looking to steal whatever taxpayer dollars that it can get. Especially from race-hustling, virtue-signaling f***tards like those who run things in Evanston.
The marijuana sales and subsequent tax income are being hurt by the unlicensed competition. The government cut of the legal sales is so high that regular users are still visiting their previous street suppliers. They can’t afford the government sponsored and taxed weed so they go with the lowest cost provider. Capitalism in action, perhaps?
Concentrates $12/ gram in Oklahoma. Look it up on Weedmaps