-- 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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Jackson Potter and the CTU pulling statistics out of thin air, and not realizing there is a lot of rural land in Illinois that is used to feed him and the rest of the world. Farms are necessary for survival, but don’t generate the same revenue corporations and big businesses in Cook County do.
Gates needs to focus educating Chicago students, not down state politics. CTU should be legally designated a political group. They certainly are not educators, demonstrated by the low student test scores.
The racist Marxists of the CTU want the whole pie, not just what they deserve.
“Pot calling the kettle black” article title of the year
One might think many of my fellow down staters would get out and vote to fend off situations like these but I expect another record or close to it low turnout next election
Equity for me, not for thee!!!
It might be fun to see statistics on how much of department of prisons dollars go to house criminals from Chicago . State funded health care for Chicago etc, etc if that’s the game we want to play.