-- 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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Food trucks are businesses, too. If the thugs didn’t rob food trucks, some lawyer might sue the thugs for discrimination.
Hmm…..food truck operators sound like the types that would vote for Kim Foxx.
They still haven’t taken Lightfoot’s advice to go plastic transactions only. Because they deal in cash, it’s their fault that they get robbed.
Going to disagree a bit here with you. If they go to all plastic they still will be robbed of cell phones, watches etc, possibly assaulted because there is no cash and might even steal the food truck. It isn’t their “fault” that the protected POS class are criminals.