-- 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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While in WI recently, I was amazed ( and sickened ) by the barrage of Harris/ Walz propaganda in the form of TV ads, at least 5 times the amount I’ve seen in IL. Tell me the Dems don’t think that they have IL in their pocket.
Same recent experience in Wisconsin for me. And the dishonesty in those ads is unprecedented, especially about IVF and Project 2025.
Project 2025 is useless talking point that is gaining zero traction in the real world. No one even knows what it is, and since no one else is talking about it, other than Democrat politicians, its getting little traction. Democrats thought they could turn Project 2025 into Mein Kamhp but instead they should have focused on a more influential and more widely read, and arguably ‘scarier’ Bronze Age Mindset.
Yea, it makes no difference except at the downstate local level. The Governor, GA and State and National offices are controlled by the DEMS. And that is the reality.
While acknowledging Illinois is a lock for the Ds in November …
https://ifunny.co/picture/when-a-company-s-logo-says-exactly-who-they-are-5UNgT2y88?s=cl