-- Connecting the dots between our economy, government and business --
In an outline of her 10-year strategy to remake the city's economy and rebuild its population to 3 million, the mayor focuses on seven industry clusters. The full text of Lightfoot's speech on this is linked here.
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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bunch of do nothing lip service, democrats have literally zero clue how to generate jobs other than government ones
From Brezhnev’s playbook to Lightfoot’s teleprompter