-- 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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Hope and prayers aren’t a sound strategy. No wonder Illinois has been an epic failure. Jabba can’t praise Dr. Ezike enough, but while he’s doing that she’s on a prayer call.
Wait, aren’t they “following the science”?
We don’t elect our officials to appoint directors of state agencies to “pray” for effective policy implementation, but rather to devise and enact such policy. What a stupid excuse!
IDPH director is ineffective and underqualified, serving only as another virtue-signaling appointment of Pritzker, and demonstrating the callow disregard Pritzker has for the actual welfare of the non-clouted average Illinois resident.
Here we see who the only beneficiary of big gov is: big gov.
Got a problem? Have two of your lackeys point fingers at each other until the fuss dies down.
Liar