-- 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 whole state should open.
Those who are at risk should be able to take responsibility for themselves.
Let the rest of us be able to go to work and go about our lives.
Pritzker and Leftfoot and Madigan and all the other dems want to turn Illinois into a Communist/Socialist state.
No wonder people want to leave this state.
Reopen the state, social distancing, face mask, and wash your hands, yes we’ve heard it over a million times we get the point. Governor, what gives you the right to decide what is essential and what is nonessential. There is nothing in the Illinois constitution or the constitution of the United States of America indicating this, how did you decide this on your game board, all businesses in this country are created equal to the point of employment and providing a service, you have violated every individual’s civil rights in this state and destroyed people’s lives, some beyond repairing. Illinois… Read more »
Great message from the Grand Old Party.
I still think they need to hammer home the fact that the state is currently in a constitutional crisis based upon the executive overreach of the governor. Where are the checks and balances? I know the Dems have super majority – that just means the GOP needs to be screaming louder!