-- 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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She was a Shipman Scholar at Michigan in the nursing school, and certainly did pick up nursing experience. My daughter was a Shipman as well, an award given only to a handful of very talented and credentialed matriculating students across all majors. Lots to disagree on her politics, but she picked up one of the best nursing educations in the country, and certainly had clinical experiences, some of which were likely challenging. Stick to challenging her on the issues.