-- 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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The chaos we have seen for years has been cheered on by the Trib, Crain’s, the Sun-Times, and all the local news stations. While these propagandists have and continue to spew their TDS all over the place, the City is a sinking ship. We weren’t supposed to notice.
Chicago media is dead.
Tribune: Gee, Illinois is losing ground. Seems like we need to find the root cause.
Tribune at election time: Vote Democratic!
Cognitive dissonance at its finest!
And with the public voice of Chicago, this mayor, being consistently childish and churlish in his speeches and rants, sensible people are beginning to discount the influence of Chicago. His statements are nothing more than the bleatings of a coddled union activist.
The Trib rag once again misses the forest for the trees. Let me explain this as simply as I can in all capital letters: THEY HATE YOU, DEPLORABLE, AND THEY WANT YOU GONE. See how easy that was? They want you to leave, because they hate you, and they will replace you with an illegal immigrant. You’ll come back to your nice suburban house and find three families of illegals there. A house that used to produce 2 or 3 Republican votes is now a house that harvests 8-10 strait ticket Democrat ballots. This is not hyperbole. Listen to JB’s… Read more »
Correct, the Dems would rather rule over a wasteland as long as they retain their power and money. Their going to get their wish, too.
Their strategy to drive the good people out of Illinois is known as the Curley Effect.
https://www.nber.org/papers/w8942
Suddenly the Tribune wants to be the voice of reason. The worthless rag hasn’t done a damn thing to stop Pritzker’s reign of terror. Simple questions of his idiotic and extreme policies would have helped, not that many read the Tribune anymore. The census deniers like JB and Raja refuse to follow the science, which is pretty funny when you think about it. When the data doesn’t agree with their views it is simply ignored. The last Illinois resident shouldn’t even bother to turn off the lights.