-- 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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How does he know? Does he have his ear piece in like Biden?
Step right up. Get the vaccine. Ignore the facts that a 2 dollar pill(ivermectin) is the answer. Sheep
It is called Pritzker doing some a** kissing.
Joe is already looking tired. Better make sure he gets a nap daily.
“Hour by hour, his team is unraveling the mess”. He will be walking on water soon, followed by fishes and loaves for everyone.
How are there people who believe this stuff??
Hopium!