-- 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
Correction- Population will not decrease by 300K. How many of these migrants who are coming in daily are pregnant or will be pregnant soon? There will be lots and lots of kids adding to the population in the few years.
Not as many as you think, since the vast majority are male. ( I still believe that males cannot get pregnant)
There’s nothing like Portillos beef, Vienna hotdogs on poppyseed buns, and Chicago relish. We order it online monthly down here in SC. We also order Malnati’s pizza. I’d be curious to know what the out of town delivery statistics are for some of these Chicago institutions. Must be significant for them to open so many outlets outside of IL.
I need da Itailian beef in Denver now!!
Portillo’s knows how to count and see that IL is hemorrhaging population — Governor Pritzker is in census denial
https://wirepoints.org/state-of-denial-gov-pritzker-says-irs-migration-data-isnt-migration-data-wirepoints/