-- 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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Bipartisan is a horrible idea for GOP. Better to step back and point at the liberal Dems when it all goes downhill and being on record as opposed to their policies.
It’s been going downhill for years. These are the policies that 54.9% of the state votes for.
“Because we’re not going to agree, and that’s ok.” What?!?! Since when is it ok to disagree with a Democrat? I thought everyone who disagreed with a Democrat was a fascist, baby-killing, misogynist, homophobic, transphobic, xenophobic racist nazi who must be fired, be permanently banned from Twitter/Facebook/Youtube, lose all professional licenses and academic degrees, allow their family to be harassed and have their home vandalized.
There cannot be bipartisanship with anyone who believes that murdering babies in the womb is ‘healthcare’. It’s murder. You cannot in good faith engage with a person who believes murder is OK.