-- 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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Tell me you are fake news without telling me you are fake news.
October is the award season. Yea, Chicago is great to visit but better to exit. It’s very affordable too! We’ll kill you for free! We should have a parade to honor Lori. All the windbags in the front row.
FAKE NEWS
This is hilarious! The bootlickers at CondeNast are too slow to recognize cynicism. People responding to the survey were laughing, Chicago! Lol!
Yup. How damn stupid can they be to publish such a thing?
True. Best city to get robbed (by excessive taxes) then beaten-carjacked-shot and maybe even killed. Fun for the entire family. What a joke?
Best City to visit? is this a Babylon Bee article?