-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
The Venezuelans downtown. The Mexicans on the southwest side. The Polish on the northwest side. DEPORT THEM ALL.
With the mindset of JB and BJ of free money for illegal immigrants, I’m surprised the title of the article wasn’t “Chicago mayor says applicants for flood relief need not reveal if they’re in the U.S. illegally, or if they’ve been flooded.”
Who verified that there here legally? Stop paying for illegals and able bodied slugs.
Why in the world would we pay for this? It continues to make no sense.
Banjo the Clown is alot like gub Putzger. They love giving away other people’s money
So if a larger group of people are living together and are here all illegally – they all get funding. How is that scenario controlled? More free money from the taxpayers of Illinois. You’re welcome.
Hmm…..wet[deleted]
Actually wet[deleted].
You’re outa here, too.
You’re outa here.