-- 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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Hahahaha. Brandon has a political future. Only if the voters can’t read ballot. Oh wait that very well could happen
Other then going back and add to the worthless teacher pool, Johnson has no future.
This is just rats versus maggots. Both Public Sector Union scum are fighting over bits of meat off of the still barely alive carcass. Until public sector unions are declared unconstitutional and busted Chicago, cook county and Illinois will continue to circle the drain.
Two unions to protect the lazy
SEIU, do you feel like those who donated to Kamala and BLM? You should.
We can but hope that with Mayor Johnson’s political future in the toilet, that he takes the CTU and SEIU with him.
I doubt mayor Johnson has any political future in Chicago
Too bad, so sad.
Not.