-- 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
New beginnings are often disguised as painful endings. –Lao Tzu
It is wonderful to say good-bye to high taxes and corruption. Never met anybody with brains and morals who regretted leaving Chicago.
Allied isn’t registering the inbound moves because they are mostly illegal immigrants who show up penniless with their hands out for freebies.
Best day of your life is the day you leave Illinois. Generations going forward will thank you every day of their lives.
Carnival barkers!!!!
Step right up and hear us!
These numbers can’t be attacked as a “bad count” — like
P U G S L E Y has done with all the census data on Illinois’ population crash
“Do I have your attention please. Your attention please. I can deal with this trouble friends with a waive of my hand. This very hand. Please observe me if you will……”
And who says Illinois is not a good state to do business in?
Ha!! Best comment of the month.
Allied needs to give Larry and JB a shout out and their salesmen of the year award.
Thank you WP for the posting and keeping your readers informed.
It’s hard to argue with the facts.
Buh Bye Taxistan and corrupt Illinois Dems.
Hello lower taxes and better quality of life.