-- 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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You deswerve who you voted for cook county! Enjoy!!!
Chicago put her in office, Chicago pays the price!
^^^ 100000+ + + + ^^^^^^
So tired of people repeating the lies that Kim Foxx is incompetent. She’s actually very competent. She’s also been very truthful and transparent with her goals. Kim Foxx told Cook County exactly what she was going to do in both elections. It’s no secret. And she is doing exactly what she said she would do. She didn’t run to prosecuting crime. She ran on social justice instead. And that is exactly what she is doing. From this angle, she’s been a success – cases dropped, fewer charges, less incarceration, more crime, BLM magic everywhere, idolatry and glorification of criminality and… Read more »
Interesting analysis – you’re spot-on.