-- 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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Two hundred more…
I would dearly relish seeing a few busloads of illegals dumped up here in The People’s Republik of Evanston.. this town has been turned into a haven for the homeless from all over Cook County, so they should get a sincere and hearty welcome… plenty of social workers and criminal street druggies up here to welcome them into the fold…
Zero call for CTU/Brandon to grow a pair and demand other municipalities take their fair share of migrants in sanctuary state of Illinois? Like Adams is doing in NYC which means fighting gov Hochul. Bottom line is Brandons not going to rock the boat, he’s going to be a good little waterboy to JB & the machine at least until after convention time.