-- 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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Food insecure? I don’t know, but from the pictures of those in line waiting for free food, they all look to have high BMIs. Maybe they eat enough food for two people? That being said, groceries are super cheap these days with the restaurant market nearly completely shut down. I saw a 10lbs bag of potatoes for $2.50 the other day. a 24oz loaf of bread is $2. Poblano peppers are $1 a pound. Beets are 2lbs for a $1. Choice Sirloin Tip Roasts are $3.99 a lbs. Whole chickens are $1.29lbs. Just leg quarters (yummy chicken vesuvio) are $1… Read more »
Where is Beyonce? Doesn’t she care?
We have food stamps, WIC coupons, schools providing meals including take home sacks, food pantries, assorted charity organizations and so now we hear people need more food. Seriously it is hard to actually feel that there is any substance to this article beyond trying, as the liberal media does so well, to influence another tax and spend scheme designed for the usual liberal Democrats once again.
I didn’t see jobs on your list. Maybe try growing the economy and creating jobs?
What a liberal slanted article! It tries to invoke sympathy without specifying what caused all the inequities….. the liberal/Dem policies. That doesn’t work on me any more.
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