-- 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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I firmly believe that Trump has a plan to roll right over the Leftists. He was blind sided in his first term. He won’t let that happen this time- one way or the other.
As Dr Smith of ‘Lost in Space’ used to say, “Oh, the pain, the PAIN…!!!”. Lol…
Posturing for the 2028 Presidential run is what this amounts to. Thankfully it is so easy to see through because it would be practically impossible to see around in Pritzker’s case.
Resist Pritzker!