-- 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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Va Gov election proved CRT is rat poison, and Democrats can’t let go of the rat poison because of the teachers union. So glorious. But then, Democrats are a cult.
They claim CRT being taught in schools is some sort of racist conspiracy, then say parents who don’t want CRT taught in schools are racist. Then they say you’re against teaching racism. And then they wonder why parents turned on them at the polls.
Instead of listening, they will turn the racist alarm button to full blast.