-- 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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Did Pritzker just group Abraham Lincoln with Ida B. Wells?
“ Bipartisan “. Yeah. Also in top physical shape too.
Watch it will be all about ILLEGALS, GAYS, LGBTQ WXYZA’s and TRANS !!!
I certainly hope that Pritzker, aka the toilet bowl king provides a great float sponsored by
Koehler to honor his contributions.