-- 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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The problem isn’t allowing legal immigration to the US, the problem is metering/Controlling/limiting the entry in a logical-workable-predictable way to enable the programs and social services to be able to be able to absorb the incoming people into a program that has a logical growth factor built into its budget and staffing. This is more ripple-chaos effect caused by Biden and his insane open boarder. The programs, institutions, school districts, healthcare systems, insurance companies, law enforcement on and on…are all impacted by this boarder crime committed by Biden. 10M new people allowed to enter the country within 3 years, with… Read more »
Thanks that was excellent, can’t improve on that!
I’m sure the paid negative thumbs will be out soon.