-- 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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THE DEFINITION OF CHUTZPAH — Failed Governor Pritzker — Who Raised Illinois Gas Taxes 100 Percent And Beyond — Says He Has Helped Struggling Families Put Gas In Their Car – WBBM AM 780 News Radio Chicago
It was $4.39 at Casey’s by Beloit Memorial hospital. A new Kwik Mart opened across the street so probably a gas war for a while. By the expressway in Beloit $4.59 to $4.79
Gas at a Wisconsin station near me was $0.60 cents a gallon cheaper. 11 gallons @ $0.60 saved me $6.60. JB and the con men in Illinois will save me $2.00 when I buy 100 gallons. Do the math.
Thanks to the combined efforts of Biden and Pritzker – neither of whom have likely pumped their own gas in eons. Or paid for it with money they worked for.