-- 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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Dems wont be winning any national election until they stop choosing the wrong side of every 80/20 issue: — the border — deportation — violence against ICE officers — full government benefits for illegals — men in women’s sports — gender surgery/hormones for kids — free gender surgery for criminals and illegals — war on oil/gas — banning gas cars — banning gas appliances — banning plastic straws — cancel culture — speech codes — Hamas — socialism — reparations — DEI/CRT — school choice — 9th month abortion — defund the police — no cash bail — soft on… Read more »