-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
What it means is NO MORE FEDERAL MONEY. You are on your own with your own idiotic ideas. Good luck.
Trump let those that tried to grind him and his policies (and by extension America ), down off the hook the last time he inhabited the Oval Office. Let’s hope he doesn’t make the same mistake again.
Trump is nearly 80 years old. He’s an elder statesman now with experience, he’ll be making larger policy decisions, and be the face of the GAE (Globalist American Empire). He’s going to let his subordinates run wild with policy. He’s acknowledge several times his personnel hiring mistakes in his first term and he seems to be interested in hiring competent loyalists now. I’ve heard on the radio that the talent pool of people applying for jobs has expanded significantly compared to 2016 now that people aren’t as worried about losing their professional career and going into financial ruin after working… Read more »
A plus is that Trump is rid of several undermining Republicans ( Kinzinger comes to mind ) and has more support for his policies from new arrivals rather than going toe to toe with the McConnell types.
Yes, and everyone is happy with him choosing the Ice Maiden as chief of staff, and the North Dakota Gov for sec of energy, a skadden lawyer for trade policy, and so on. It’s going to be a fun foyr year