-- 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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Again, compassion? Because the criminals are victims, Right?
Single parent households. Little emphasis on values, standards, and expectations combined with our virtuous leaders, Foxy, Lightfoot, etc. inability to hold people accountable for their choices has resulted in this…
Not to worry, I am sure Lori can reach to JB who will reach to the great Unifier Biden to bring an end to the issue.