-- 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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This looks like something penned by a sixth – grader, lol…
Further proof the Sun Times is run by jagloads. Crime has nothing to do with the Pandemic, Trump or Putin. Crime is caused by criminals and politicians! Yea I know it’s redundant!
Whoa, what’s this? How is Putin not indirectly responsible for Chicago street crime? I thought it was all #JBPutin’s Fault!
None of these spouting are my own work, I got most from white guy magazine. Featured article addressed methods to defend against restaurant attacks, just don’t go!