-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Illinois:
We drive out the makers and welcome all the takers!
Go, Democrats, go!
Hmm, Governor Abott could fix this…..
Hello Marcus Evans, you stated as long as the Untied States is growing , yes it is growing with ILLEGALS moron, just like your counterpart Pritzker thinking everything is roses, well it’s not wake up folks before it’s to late. This statement by the two morons is from the center square today.