-- 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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That Democrats don’t think that they, as Democrats, don’t play a hand in the mess that Democrats created, just shows how it’s the party of unstable people…and then some.
I love it how Pritzker got a spot so quickly and points blame at Johnson. Dirty! I think Johnson should sue Illinois to get to the bottom of things and Pritzker should sue back. LOL
Out of all the closed schools they couldn’t find one or two that would be a better option than a tent? Did they do any quick review of the closed schools? I’m guessing CTU doesn’t like the idea of using a closed school, they want them reopened so they could “educate” twelve kids at a school designed for a thousand. Brandon’s situation is only going to get worse if he keeps doing what CTU tells him. That being said I don’t think tax dollars should be used on these people.
I’m loving this! Where are all the out of state guys claiming we’ll never make progress?
Let’s go, Brandon. Out the door that is.
Why not all of them?
It’s nice when they eat their own.
More, please!