-- 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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At least these immigrants will pay for the pensioner’s homes in florida. Right?
They will pay for the pensioner’s homes in florida right?
I don’t think so …
The team line is to replace the leavers with new sanctuary seeking immigrants…
And I’m proud to be Undocumented
Cause at least I know I’m free
And I won’t forget Joe Biden who gave that right to me
And I’ll gladly stand up take my SNAP and live off you here today
Cause there ain’t no doubt I love this land, God Bless the USA.
The native born Illinoisian will become a modern day Oakie. Remember that you’re gonna be viewed as a refugee in your new red state home — not a missionary.
Very interesting. Illinoisans are indeed viewed with great suspicion in many other states.
Gov Abbott of TX the other day just said he had sent the 300th busload of illegal aliens to Chicago – there is your long-term trend IL – High wage taxpayers leaving IL, and illegal aliens who want public aid coming in. I’m sure Pritzker and the Democrats are fine with that trend.