-- 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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50 years of Democrat welfare has done nothing but degrade/destroy Black families and communities
Throw in the mix social engineers who destroyed vibrant black communities with high-rise ghettos and Johnson’s Great Society’s impact on intact families.
So much time, money and effort with such disastrous results.
Too much government involvement in our lives.
I don’t understand how anyone could ever vote Democrat. You’d have to be a complete moron to blue vote.