-- 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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So sad that a lying partisan hack like JB Pritzker is Gov of the once great state of IL. So sad. I don’t think Newsome or Hochul lie as much as Pritzker. Pritzker seems to lie constantly, much like Biden.
He should do a DNA test at 23 & Me to see if he’s related to George Santos.
Too bad Karl didn’t take the opportunity to ask JB why Texas shouldn’t be sending illegal immigrants to Illinois, when JB has steadfastly claimed it to be a sanctuary state that welcomes immigrants. The liberal media is so damn disingenuous it is laughable. I’d like to leave them all out in the current Chicago weather for about 12 hours in their underwear. Funny how JB believes some polls and discounts ones that don’t agree with him. If he believes Biden is so sharp and experienced he should let him run the Pritzker business empire when cousin Tom goes to prison… Read more »
You would be excused for thinking JB models himself or was inspired by the pols in Idiocracy. His use of hyperbole and obfuscation is intentional and offensive. He is simply a liar – yet, this is exactly the person our lib/prgoressive/Dem residents elected. Really does suggest much about them…
It really is amazing what he says and gets away with. Republicans are trying to take away your Social Security. Republicans are working against the working man. Republicans want to take away your rights. The economy is getting better. Even Jonathan Karl, a Democrat lackey, disagrees with some of this nonsense. But the voters in Illinois eat it up. But it is becoming more obvious that JB does not have much of a chance on the national scene due to his blabbering away with half truths that are getting easier and easier to laugh at.
Last presidential election a retail clerk was telling e on how Trump was going to eliminate Social Security. I was like “where do people get this stuff?” After reading your post now I know; “Illinois voters eat this stuff up.” Yes they do and even opt for seconds.
They get this stuff from legacy media, like NBC, CBS, etc. I’ve nearly completely eliminated those fake news sources from my life. But normie norm still listens to them.
He’s used to Illinois where the press never challenges him on anything