-- 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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CNBC ? That says it all right there
A liberal media company puts a ranking together that rates liberal states high. Shocking! In other news, water is still wet.
It’s basically the NBC News wokesters at work promoting JB on this.
The last intelligent thing that came from CNBC was Rick Santelli’s anti-tax battle cry
https://www.youtube.com/watch?v=bEZB4taSEoA
CNBC survey is pure fraud — low scores for states like TX with most biz friendly type of laws — on account of abortion laws. This is why CNBC is a joke that no one in the biz world takes seriously