-- 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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“The bill takes effect on July 1, 2020. It aims to give schools a more inclusive history curriculum by including history on the contributions of LGBTQ people.” We can’t be bothered to teach math at grade level, but we can force you to celebrate our degenerate lifestyles! Because bullying….Nice way to backdoor (no pun intended) sex education into history class! I can’t wait for my third grader to come home asking what a transgender or a lesbian is. She still believes in the tooth fairy for goodness sakes, but the state thinks its more important to teach celebrate these lifestyles… Read more »