-- 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
Total Emperor with No Clothes behavior. Slapped down again by yesterday’s affirmation of ALL Orders evacuation from 7/2, yet the power-slogging wages on. Despicable joker.
Seems like only yesterday Pritzker was bragging about how his efforts were so successful in Southern Illinois and now we here the opposite; of course he opines that it is Trump’s fault right before election day. How convenient.
The dictator has spoken! I hope he is overestimating his own popularity. If he takes us back down the path to zero freedoms it may impact his so called “fair” tax negatively. A figurative slap to his triple chins would be very welcome.
Get ready for the “I kept everyone safe” commercials in the next governor’s election. He’s probably already focus grouped his response, and it’s just all setting the stage for his grander ambitions beyond the governorship. Part of me thinks that the reason he gets so upset about Covid numbers is because he wants to be able to say he managed it better than any other governor. If there’s no distinction with other states, he can’t brag about it. We know what means: Presidential run. We’ll see how many people here remember who Pritzker is and how they will vote. I… Read more »
To be sure he will be flanked with a foreign doctor or two and an assortment of patronage hired workers and so know it all 18 year old individuals who will all smile and clap on que.