-- 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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There is no such thing as “misinformation”
Info is either true, false, or an opinion
How a person chooses to believe that information is up to them.
Unfortunately too many idiots rely on media and government to tell them what to think
Sorry Dicky, you may control the narrative on Illinois media and on Facebook and Google but I don’t think Twitter is one of your best friends anymore.
Do Nothing Durbin believes he has the right to say whatever he wants. Everyone else, not so much. The elitist Democrat playbook in action.