-- 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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If you are not talking to your caucus leader you are getting nothing done for your district or state.
The sooner this clown is out, the better. Rather than focusing people on the disastrous path Biden and team ate taking us, he is enabling the press to just recite old news from 9 months ago. Move along.
“Kinzinger says he hasn’t spoken to McCarthy In Months”
It would probably be a good idea for Kinzinger to start updating his resume. There is no telling who the democrats may choose to succeed pelosi.
P.S. Assuming of course that the democrats win…