-- 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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Wilmette: Sister City of every Texas border town.
Illinois and Haitago are sanctuary listed keep them coming. The ” usual gang of idiots ” will take care of them as always.
Agree. The D’s who run the city, cook county and the state are all aligned on keeping the sanctuary policies in place. Therefore, keep ‘em coming – there has been no slowdown at the Texas border, so why should we expect one here? Also, it is time for the previous minorities to pay it forward to these favored illegal migrants. The D’s you elected are telling you so.