-- 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 must be the slow learner in class. The one that takes up most of the teachers time and effort thus neglecting the other students.
After his four years in office, BJ, like Lightfoot, will say he needs just four more years for his programs to really kick in. And the beat goes on.
Learning as he goes, unlike a CPS student.
Brandon Johnson is precisely the mayor Chicago deserves. Like I’ve been saying for years, this is how Brandon voters want to live. They are, for the most part, completely dysfunctional themselves in their own lives, and/or hold irrational and conflicting policy positions, and this is what happens when they vote. Pundit and talk show radio host Jesse Kelly @JesseKellyDC summed it up nicely today on X: “Talked to a Democrat woman from Chicago last night who proudly proclaimed she voted for Brandon Johnson. Someone at the table asked her about the crime and on my life she said, “Well, you… Read more »
The point is, it’s their Plantation and as long they get to run it they will take the bad. I predict the illegal aliens will cause angst as they move onto the Plantation.
When I ask my friends who live in the city about all its problem, they shrug them off with “all cities have problems” or “all cities go through up and down cycles”. These are people who admit to me that they now have to look over their shoulders when outside in their formerly safe neighborhoods. When I ask them what changes will occur that will make the city better, they cannot name one single change that will happen which will improve any of the city’s problems, they only restate their belief that “things will get better”. They’re totally delusional, even… Read more »
Hey downvoter, care to add your wisdom on what is going to fix any single problem in the city? Afraid of being fact checked? Don’t be shy. Tell us about your optimism.
They’re delusional because they’re too busy looking in rearview mirror to understand what comes ahead. They’d be wise to look at their parents generation, from the late 60’s to the late 70’s, when many formerly safe city neighborhoods quickly transitioned into crime ridden hellholes, to understand where things are heading. But they’ll naively believe things are different this time….
Brandon Johnson is totally inadequate for the job … he proves it weekly.
His rhetoric is absolute nonsense. Does he take lessons from Ms. Harris?