-- 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
Keep em woke, keep em stupid, start em early—keep em down on the farm. Keep em sip-pen the cool aid cradled to grave at astronomical $prices$–cus I got my CTU constitutionally guaranteed/ zero risk +$100k gig. You punk ass b.!!
Where’s mine progressivism Illinois style!!
Ken made the same mistake that many older people who’ve accomplished something in life have.
He confused a Drmocratic Party jobs program with educating his children.
The 18-30 year old college grads and above are D+1,000, but the high school kids and non-college kids playing video games are as close as you can get to alt-right. They don’t vote though, just meme and play video games online all day. Too bad he sent his children to a woke private school. This non-college Gen Z and younger don’t seem to be buying into the woke nonsense. They don’t even know enough or have interactions white people to call themselves oppressed. They just don’t get it.
My guess is that it was the Latin School:
https://www.chicagocontrarian.com/blog/chicagos-latin-school-screens-jewish-families-wokeness