-- 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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Of course he does.
Never had to take responsibility for anything.
It is always someone else’s fault.
When you are a Governor you are supposed to be at the ready for everything and anything.
Do not think that was the case with this guy.
Oh, look, it’s JB “help me, help me” Pritzker… Goof.
His agenda is run for President in 2024. Use that as a basis for assessing his public performance. It’s all a giant act, with that as the end goal.
His unremitting criticism of our President says it all! Definitely an incompetent schmuck with his own agenda.
This man literally cannot help himself. He can’t stop gorging himself with healthy helpings of TDS. And he’s embarrassing us all in the process.