-- 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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Well at least those empty CPS buildings will get a new lease on life. I just hope Lori doesn’t try to promote a new mileage proposal under “it’s for the children” tag line….
To be clear, the correct phrase is “CRIMINAL ILLEGAL ALIENS”. Deport them all.
Thank you for that clarification.
If Chicago is so welcoming, why were the ILLEGAL ALIENS bused to Burr Ridge, Elk Grove Village, and Des Plaines?
Put your money where your mouth is, LL, stop busing ILLEGAL ALIENS out of your sanctuary city. What, no rooms available in Mr Pritzker’s properties?
BTW … what have you done lately for the homeless veterans who are living on the streets? They actually served this country, this crop of invaders have not.