-- 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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So it seems everything is about one specific group of people, it now looks like the federal government is in the full time business of being a employer of welfare, unemployment, stimulus checks, child tax credit that’s looks like it will become permanent and so on. My point is has everyone forgotten about a specific group of people, are seniors, hey Washington how about permanent weekly survival benefits of $400.00 on top of the lowly social security benefits they receive god only knows they need it for there survival and well being. Food, drug cost, rent, clothing health care etc… Read more »
this is fascism – PCR tests to keep the false positives going and the plandemic so they can inject us with the lethal dose