-- 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
The Trib has gone so far left it is not worth lining the litter box for the cat.
I wonder if Zorn actually believes the things he wrote here, or is just dishonest, or just lacks self-awareness — that Biden is a “moderate president,” that blunt and offensive is a feature of Republicans and not Dems, that victimhood is what Republicans are into and not Dems, that Carlson was out of line to be angry about being told how to celebrate Independence Day.
Zorn’s job is propaganda. He believes in the cause but not always the truth of what he writes. I have no doubt he receives the same DNC talking points memo as everyone else in the industry. And he parrots what he is told.
He knows that he has a job to do. He can easily be replaced in a heartbeat; and he knows that he can’t earn a living with subscribers on substack.
So he writes trash like this to keep his job and fight for the cause.
Soon to be unemployed, left wing nut job, Eric Zorn pounds more nails into the coffin of failing Fibune. Zorn better get his shoe shine box ready because that’s all he’s qualified to do.
There’s too few business men left downtown to shine shoes.
He can walk and groom my dog though if he wants a job.
Don’t you like your dog?
A mastery of the downtown turndown belongs to you. Now, would you trust the well being oyour dog to this guy?
I rarely use LOL but both of your comments made me laugh out loud. You’re right, I woudn’t trust him with my dog. But I don’t care if he grooms other people’s dogs!