-- 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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Irvin’s support has collapsed, Griffin left the state, Trump endorsed Bailey.
Not happy about another four years of JB Pritzker, but, at least we can say we voted for a Real(tm) conservative. That will make me warm and fuzzy when they force my kid to get vaccinated at school without parental consent.
It will not be another 4 years of Pritzker if he runs for President the back 2 years will be the pot smoking useless lieutenant governor
JB remains Gov after he drops out of the presidential primaries.
One way or the other, we’re screwed until we decide to leave.
Pritzker is a tyrant.
Not Irvin?
Color me shocked.