-- 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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Remind me, if you would, what were gas prices before Mr. Biden took office?
But just like the lobster in the pot, the cooks just keep turning up the heat.
‘Nuff said.
The odd thing about voters…it seems there are some that this sort of thing doesn’t bother them at all. They will still vote for biden and every other democrat who screws them over and over and over. It seems every aspect of regular life has been turned on its end over the past 2.5 years and still there are people who would vote again for this numbskull. Just the price of fuel here alone should turn people on this screwball’s policies…but nope.
High gas prices and terrible roads. You should only buy 1 more tank of gas and let that take you out of state.