-- 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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Here’s a thought – Ask all people who support ‘sanctuary city’ status to accept one, only one, criminal illegal alien. The city can provide a stipend and the problem is solved!
But, there will probably be few or no takers – only liberal NIMBY.
Hey Chicago, virtue signaling is easy when there is no illegal immigration wave.
You asked for it, now you have it , Enjoy!
The correct phrase is “Criminal Illegal Immigrants”.