-- 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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Easy enough to control UP or down – it’s a testing count game. Push tests or retreat.
Jabba is the #1 covid-gov’nor Fraudster in the U.S.
Fat boy smiling?
On any given day what hat do they pull these numbers out of, this is a game to Pritzker but it will not last much longer people have had it and are going to go back to there normal everyday lives and so will businesses, If we don’t Illinois will be like a wild Wild West ghost town