-- 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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Pritzker isn’t serious about being president. If he were he’d have never signed the illegal repeal of parental notification for minors wanting an abortion.
NoHope, you have to remember the for a Dem presidential wannabe, it’s all about getting through the Dem presidential primaries, which are far, far left.
Like I said before everything that comes out of Pritzker’s mouth is a lie, he is salivating so bad his suit is wet.
Pritzker wants to be President so bad he can taste it, just like the multiple plates of food he shovels in that gaping pie hole every day. His ego is without peer, and he longs for an opportunity to show the entire country his brilliance. Anything is possible, but the guy has a track record of doing the exact things that have driven Dementia Joe’s ratings south in a big way. That garbage may play in Chiraq, but not in red and purple states. He wouldn’t win a primary, but go ahead and dream big Jabba.