-- 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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The Inflation Reduction Act is a misnamed progressive policy by the Democrats, who know absolutely nothing about inflation. It is a fraud perpetrated on the American public. Vote them out.
Well moving out of Illinois will also reduce living expenses too!
An all-time classic dumbing down for America piece of dribble. Really no point in going through this phrase by phrase because it is just loaded with economic impossibilities, pie in the sky promises and flat out lies. But I guess some Americans fall for it.
Bull pucky!
Let’s see-Fuel prices are sky high/Natural gas price up 4-5 times the price since Biden took office/Food prices up dramatically/Property taxes up/At least 24 new or increased taxes in Illinois/New and used auto prices up at least 40% or more/Interest rates up (good for savers)-continued supply chain problems/shortages of many items so Bustos you’re doing a great job destroying the economy. The cap of $2K on RX drugs for seniors is a I’ll believe it when I see moment BUT what is not said the prices of those drugs who are not seniors will skyrocket to compensate costing everyone from… Read more »