-- 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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Did the crowd start a chant about oligarchs and bad billionaires? Oh yeah…never mind…
Pritzker didn’t mention rising crime, pro criminal laws, the highest debt per capita in the country, the poor business climate, higher unemployment than surrounding states, higher overall taxes than surrounding states, highest in nation gas tax, the effort to legalize prostitution, allowing pot smokers free reign while driving high, Chicago financial debacle, state financial debacle, population loss, and his being a confirmed property tax cheat. Other than that, all peachy.
Did he mention Illinois is the Midwest’s abortion capitol.
The Dems have such a bad case of TDS that they need to find someone, anyone. The attendance at this event shows how desperate they are. Pritzker’s claim that DJT is not a billionaire, and that somehow makes JB the better man, is made as if he earned that recognition on his own. Instead, the buffoon Illinois calls its governor just collects checks from the family fortune without earning it. On second thought, he might be the perfect poster child for the Dems with his entitlement attitude and clueless financial leadership.
JB’s problem is that he’s inauthentic, bland and formulaic. All campaigns designed by consultants are just ‘comms’ issues (communcations aka PR). Every position he keeps is first tested by some polling or a verbatim talking point from party leaders. Then he tries to throw in some faux authenticity by calling Trump and Musk ‘idiots’, or, gives a cringey hostage-esque video sarcastically renaming Lake Michigan. Nobody outside of a handful of supporters cares. His campaign seems to be taking the overly-polished campaign playbook that Obama used in 2008/12 to win. Call everyone you don’t like a Nazi or a bad person.… Read more »
You missed a couple of the tricks the Dems have been using. Quietly pour tons of money into the weaker candidates in the GOP primary to bleed funds from the strongest one. Dig through the opponent’s old high school yearbook to find an addle brained druggie to suddenly “remember” sexual or racial improprieties of your opponent. If all else fails, order your opponent’s assassination.