-- 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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Landon another moron associated with our LoL governor JB. JB and advisor Landon caused 35,000 deaths of Illinoisans to Covid. I will drop my University of Chicago doctors and find qualified medical help elsewhere. Landon please look at death rate going forward of Covid and influenza in Illinois, do some homework.
Didn’t Biden warn us a few weeks ago that everyone who disagrees with him is a fascist domestic terrorist?
But how will she ever again get interviewed on TV as an expert if the pandemic is over? It can’t be over yet!
COVID has been the best thing to ever happen to her. She has every incentive to continue it forever.