-- 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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This looks like another leftist solution in search of a problem. If these political animals want to help kids, they should ban genital mutilation and hormones for mentally ill kids suffering from gender dysphoria. That would be of actual help, something this ban lacks.
Sending sales to other states. Or giving ex dealers a new product to sell.
That’s what Indiana, Iowa and Wisconsin do with cannabis. They tell their residents to use a street dealer or cross the border. Banning substances in one state never works. It only drives up the price.
Under 18 can’t buy these pills but they can ahve their tallywhacker cut off.If you’ve seen the movie Porky’s you’ll understand.
“Have you seen this *****??”
Illinois Democrats want boys to be soft and weak so they can be trans — and have careers as drag queen bingo hostesses.