-- 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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Hmm…non black minorities….I think they mean Asians.
As the state of Illinois pushes DEI and woke at its public universities, the universities continue to decline in rankings in the US News best universities list. Pretty soon the attractiveness of these universities will be as low as that of our business and tax climates.
Pleased that a lawsuit is being filed. ILL GOP needs to openly stand up and publically denounce this.
By the way, as a PRIVATE INITIATIVE, can I fund a scholarship for Whites only?
Can I consider my unwilling contribution to be reparations? Tax credit maybe?