-- 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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The average WBEZ reader must be the most uninformed and misinformed voter in the populace. The article fails to address that an open southern border with cartel controlled supply lines is the root cause of the drugs flooding the community, yet, it seems like they don’t even care to address this problem. “Wherever there are Black communities in the city of Chicago, you can get heroin laced with fentanyl, or just fentanyl, when you walk out your door,” said state Rep. La Shawn Ford, D-Chicago.…I’d like to ask Rep. Ford, how did these drugs get here? Did they fall from… Read more »