-- 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 Texas buses enough illegal immigrants Illinois may grow. The young college educated kids who grew up in Illinois are Fleeing as fast as they can. The politicians are looking for government funds, not private sector jobs for the poor.
Illinois Democrat Census Deniers Are Trying To Deny The Undeniable, Ignore The Unignorable:
https://www.youtube.com/watch?v=D60KCGcCGIM
One thing not shrinking, Pritzger’s waist size
“poverty edged upward from 11 percent to 12.1 percent.”
Who woulda thunk that tens of thousands of poor, uneducated illegal immigrants would increase the poverty rate??