-- 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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He will find a way to shift that money to the illegals
more nickle & dime equity hustle, as a few folks get $500 bucks a month if they win lottery while CTU gets guaranteed $monster bucks$ raises…..this is just more pathetic “new machine” hustle aimed at CTU/Brandons majority white upper-income libtard base
Hmm, I’ve got a sobering center in my TV room called a recliner! Don’t use it as much as I used to in my early postcollege days.