-- 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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They are suffering because Lori gave into the domestic terrorist Marxist blm organization who destroyed Chicago. And the looters , rioters and arsonists were not prosecuted because they were black.
Advocating for relief while aiding and abetting the crisis. What a maroon.
They are suffering due to the mayor and Pritzker
Suffering small businesses need access to their customers