-- 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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Lori needs to go back to Ohio where shim/thim/tang belong.
FAKE NEWS at its best 74% supposed white people said they were gonna vote for 2 minority candidates sorry not in this city
The only thing to take from this is that Buckner, Green, and King are in a deep hole. I still think Johnson is going to need each one of them to drop out for a chance at the runoff.
is 74% white, 10% black, 10% latino correct demographics of those who actually vote for mayor from last election, that would tell a lot? when articale states–“Overall, about 74% of those who responded to the survey described themselves as white, with a bit over 10% each identifying as Black or Latino. Polco says it weighted the latter two groups up when calculating its final figures to reflect the city’s overall demographic makeup.”