-- 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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Illinois has a “broke” mentality. They enter every policy discussion with this back seat
poverty mentality.
They are broke minded because they are deficient in their mental health and abilities.
Time to drain this swamp folks.
It seems like Illinois is being used as the testing ground for every lunatic progressive idea that they come up with. They just didn’t know how hard it would be to achieve social equity in the weed business. Should have asked the local gang bangers how to do it.
Ha! So true. Illinois manages to screw everything up – legal weed, vaccine distribution, driver’s licenses, local elections. The progressive utopia is really just a dysfunctional dystopia.