-- 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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Thought that all she knew was how to dress up and give out candy.
Arwady is a slovenly, ignorant dirty hair loser. She got her job only because of identity politics. She is totally unqualified. She just continues to follow the racist equity mantra that Lori demands. She needs to go.
As does Ezike
If you want to protect “the systems that keep health care going”, maybe it is a bad idea to destroy your economy in the process.