-- 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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Gotion and other CCP companies need to be banned in MI and IL.
America is little more than an economic zone; you, the natives, get in the way.
First step, let red china take tax dollars to build factories in small towns in America.
Step 2, produce batteries for democratic Communist mandated by law electric vehicles.
3rd step, flood small town America with non Americas to fill jobs.