-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Durbin needs to go d take Duckworth with him.
Senators rarely if ever lose in one-party states, and Democrats seem to have a knack at winning senate races even in swing states by razor thin margins, having 10 of the 14 swing state senate seats.
I don’t remember much bipartisanship from the Democrats as they ramroded trillions in misguided and unnecessary fed bucks during Covid, and fueled record setting inflation. Or how about some good faith efforts to deal with an unmitigated border disaster? Sorry DICK, but your policies put you in the outhouse, which is exactly where you belong. Turns out America doesn’t like your progressive BS, so go sit at the kiddie table and let Trump show you how to get stuff done for the people.
I would guess that Durbin, recognizing that he’ll likely never see a Democrat senate again in his life, will remain in office and keep running for re-election until he is like Dawn feinstein drooling on himself. There’s literally nothing for Durbin to do as a minority senator who will *never* *ever* vote for a Republican issue. He just yammers away, inside trades, does nothing, collects paycheck.
If the Democrats won the Senate or the presidency, would they be offering bipartisanship to the Republicans? No, they would be shoving their agenda down Republican’s throats.