-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
I think the wrong guy is being challenged. Clown Show Pritzker needs to be removed for the future of Illinois. He has real TDS.
Pritzker should be removed from office. JB is blocking the release of voters rolls, Medicaid and SNAP beneficiaries. What fraud is JB and the Democrats hiding?
Yeah, let’s be honest Jumbo. You have no idea what the President is doing. You have no idea how the people of that part of the world speak and what gets their attention. Let’s be honest…stay in your lane jumbo, the adults are working. You have ruined Illinois, what in the hell makes you think you should be involved in dealing with Iran’s government. Fix Illinois…then maybe you can speak.
Democrats already see Illinois as being fixed, an island, and beacon, of progressive blue policies surrounded by hundreds of miles of regressive red states and Handmaiden-esque cults for a 1,000 miles in the southern, easterly and westerly directions. This belief is just plain wrong and contrary to all of the available evidence but they don’t let the truth of things get in the way of a progressive ideology.
Pritzker is such a joke, he’s actively destroying Illinois on a daily basis and he finds fault with our President who is working 24/7 to restore our country for our citizens? This bloated, obese , over indulged and gaslighting fool needs to go!