-- 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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It’s really about free daycare and an ever expanding socialist nanny state.
Why not age 1 or 2? Age 5 or 6 doesn’t make any difference. ?
Lol, how the heck is a child going to “get their confidence in what it means to be a growing person, in a new environment” when they are doing remote learning at home? Open the schools!
Schools will not open until the UNIONS say it is safe to, or are great dictator say so!
Why? The schools are closed.