-- 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
The DNC doesn’t need to do anything. Their propaganda arm known as the media will do it for them. Ignore what you see and feel, believe what they tell you.
Pretty silly to say Biden selected Chicago. That man was suffering the effects of cognitive decline before he was sworn into office. He couldn’t pick out his own clothes. Pritzker is disingenuous in everything he says. Everything he says, and I mean everything, is to support a narrative. He is committed to an extreme progressive leftist agenda that is counter to the US Constitution and American values.
National narrative? LOL, as if turning around Chicago’s dismal outlook is just a public relations or comms issue. If Democrats could just point out a couple of big event downtown and say, “But everything is OK!” (just like the author of this article did!) while ignoring the tens of thousands of protesters last night, the frequent stabbings and shootings, the crumbling infrastructure, the residents fleeing….None of this can be overcome by pointing out that the Restaurant Association had a successful convention.
So, these authors say, concerns about crime are all driven by a political, exaggerated narrative. Does that include things like this Tribune editorial saying Chicago crime is a full-blown crisis? Editorial: Violent crime is a full-blown crisis in ChicagoChicago Tribunehttps://www.chicagotribune.com › 2024/06/19 › editori…
Your article, “Fact Check: Claims About Illinois and Chicago,” was an excellent, fact-filled piece. It provides everything citizens need to know. I even challenged my own neighbors to read it and sent them the link (though it’s probably been shadow banned by the usual goons). It should be required reading before anyone gets a state ballot. Great job, Mark!