-- 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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Biggest gerrymandering issue for dem machine is to insure districts responsible for electing judge kilbrides sc replacement end up electing new sc judge who’s 100% upposed to any constitutional pension amendment
Is there a desire or a mysterious illness in Springfield that both parties continually double down on failure.I just cannot continue to live in this state anymore.
None of these articles even discuss how gerrymandered the maps are. 90D/10R? It’s already 70/30. How many us house seats go D? All unanswered questions