-- 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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He claims to be mandating masks to keep Illinoisans safe – B.S. It’s a power grab and he’s not likely to let go anytime soon.
I stopped listening long ago – as did many in my region (4). I have not had one store, bar, restaurant etc. say a word to me about not wearing a mask. And the positivity rate remains well below JB’s threshold. Go figure.
He needs to be fired!!!!
Well, we all knew that JB would drag it out long enough so that he could keep the mandate enforced through the holidays. Next stop on the Pritzker mandate train, January!