-- 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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Moorthi is a fraud.His Indian… heritage should abandon his US…fakery… period.
Vote red for IL senate. All of these Democrats are far left socialists, who are pro criminals and pro illegals. None are for US, law abiding citizens.
Yes, yes, yes! Both, keep up the good work. Krishna stand your ground! Juliana stand your ground. More explitives! Be tough!
There’s not even one Democratic Senate candidate I could hold my nose and vote for in the primaries. Not even one. They’re all totally awful partisan hacks who will do nothing other than embarrass Illinois. Our soon-to-be senior senator, Duckworth, is a moron. I bet her SAT score was probably in the 30th percentile. She sounds dumb when she talks and embarrasses herself, and the state, when she goes off script. She can’t put a coherent thought together beyond some theatrical partisan hackery, and her spitefulness is very off-putting. She is really an awful person. I feel bad that she… Read more »