-- 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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I always suspected Quigley was a halfwit. He’s now removed all doubt. The dope will blame everything on the last person.
Dementia Joe and all of his communist advisers must not have ever been told that we have an oil based economy. Slow the oil and you slow the economy.
Another worthless turd 💩
You can’t fix stupid
Hey Mike, your hero Joe declared war on oil on day 1 in office. Now you want oil to try and help Joe. That’s a big ask, and it’s not going to happen. I hope Dems lose 50 house seats in November. Idiot.