-- 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 know the article is focused on the 2000’s but in the 70’s thru the 90’s Carter was a governor before he became president. So 2 out of the last 4 democratic presidents were governors. Also Nixon, Ford, and Bush(H.W.) all came from congress. All 3 of their last elected offices were in congress before they became V.P.s and then president. One shoe doesn’t fit all so democrats looking at governors versus members of congress to run for president may, or may not, be the answer.
Newsom and Putzger. 2 biggest idiots in America damaging 2 states in there wake
News some was centered, but changed back to far left. He is doing nothing to help victims of the wildfires. Hes giving Medicaid to illegals. Pritzker is far left, pro criminal comments, pro illegals and taxing us to death. Both are losers. At least C gets rid of Newsom. Pritzker will cheat and buy the governor race once again. IL- vote Republican in every race. We need to overcome JBs gerrymandering.
We need to overcome every states gerrymandering.
Unite us, Newsom and Prizker, unite us!