-- 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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He should 100% be taken to task over keeping the polls open.
It’s hypocritical that the international news media says that WI Republicans have blood on their hands for doing the exact same thing that Jabba did three weeks earlier. Except that when Jabba did it, he was lauded as a stalwart defender of democracy, and when Republicans do it, they’re evil voter suppressors.
This is one of many of Jabba’s scandals that are covered up by his friends in the media who fawn over his progressive agenda.