-- 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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Rather interesting being I live near the Missouri state line and I always see Illinois plated cars at gas stations, liquor stores and cannibals stores. I wonder where Pritzker gets his blarney considering he isn’t Irish?
Come to Illinois to get high, gamble and get that abortion!
Spit on Ex. I say there shoul be a self serve pot kiosk in every Planned Parenthood facility. A real progressive 2fer!