-- 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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She totally failed all the way along the line. Her plan was to pander to south and west side takers with free everything. She also discriminated against white people in the prioritizing of vaccines and got away with it. She needs to go.
Yes, every decision to take a functioning city and economy, and shut it down, was difficult. And stupid too. Because you, Lori, will forever be remember in infamy as the triple threat politican who destroyed Chicago.
With her brain I’m sure every decision was hard.
The decision to whine and blame President Trump for her failures was easy
The hardest decision was at Halloween–what costume to wear