-- 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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If only Illinois Democrats would use such energy and effort to combat crime.
“When did we become a country where it’s OK for a U.S. president to insist on national television that a state should call him to beg for anything? Especially something you don’t want.“ Who does not want less crime/murder? Anyone? My wife and I, since moving to Chicago more than a decade ago, have felt increasingly less safe. We moved our permanent residence out of Chicago in 2021. My wife’s River-north company undertakes regular active shooter drills, gives guidance on the buddy system, and yet repeatedly has to inform employees of active crimes in the neighborhood. My loop-based firm has… Read more »
Democraps love criminals, terrorists and pedophiles!
Because they are the Dem’s voting base. Birds of a feather, stick together.
of course, trump also fits all of the descriptions you used quite nicely.
Not sure why all the down votes; what you say is true. One may like some of what Trump does politically, and I do like some of it, but as a human being, he’s morally and ethically bankrupt (as are most politicians).