-- 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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How about not having ICE agents act like the Gestapo?
That’s a truly appalling comment. Shame on you. If they were like the Gestapo every one of the protesters would be dead or in a concentration camp.
Brian Jones – Obama deported millions. Hid administration did so under the belief that control over the immigration system and the border was the only viable path for immigration reform. Obama was enforcing the same laws as Trump. The laws have been on the books for decades with little change. Was Obama’s ICE acting like Gestapos for enforcing the law? Or are your comments a mere reflection of gooey anti-Trumo emotionalism? The reality is that illegal immigration is big business in Chicago. It requires big social programs and costs to sustain. And in Illinois that means lucrative and expensive patronage… Read more »