-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
To all of those of you voting in Chicago, don’t forget:
Besides voting only for Republicans…
Vote no on all judges.
It’s the only way to get the Madigan scum out!!!
If you want your business to survive then move to Indiana.
Calling all IL dictators at every level of “authorita…” – PROVE 1) Cases means a darn thing in terms of actual public health and 2) “transmission” between cases or non-cases is measurable or means a darn thing either.
Can’t??? Then stuff it, go away, and let the engine of working people keep Chi from fully atrophying and sinking forever into Lake MI.
This has more to do with the election being so close than anything else. Wait until the Philly riots start up here. More chaos, more mayhem, more suicides, more drug overdoses, more burning, looting, etc. Chicago will never come back from this.
This guy is a fool. In his case he is mental deficient–hence the “MD” that he thinks he was granted. Dumb —.Run for the boarder and get the —- out of Illinois.
All you restaurant workers, food and commercial union members, hotel workers union members, teamsters that delivery food and liquor, hospitality workers, and small restaurant owners– here is what you get for your votes for the Dems. Sorry to tell you — you got what you voted for. How many more years are you going to listen to your union officers and BA’s? Have you had enough yet? It really can’t get much worse for you– until you see what Lori/Pritzker/Preckwinckle will do to you next. Are you ready for another property tax increase? A state income tax increase? A City… Read more »
Could not have said it any better. Bravo.
Restaurants should sell marijuana brownies or BLT’s and replace the lettuce with pot and call them BPT’s and tax them like pot. Now they become essential and the governor won’t shut them down.
In DuPage County COVID has been traced back to 0.7% of the cases. Not sure what Cook County numbers are but I’m sure they are a hotspot just like the suburbs. This will definitely stop the spread of the virus.