-- 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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This only gets worse for Chicago with the Democratic Presidential Convention scheduled for Chicago next August every Red Governor will be sending Illegals to Chicago for the whole world to see
Heard a real telling statistic the other day. Of the 100,000 illegals that have arrived in NYC only 13,000 were sent there by Gov. Abbot. The other 87,000 were shipped there by the Biden administration.
But But But
Fake News Promised It Was All Cuz FL & TX MAGA Meanies Were Making Migrants Get On Buses At Gunpoint
Was That Not True??!!!