-- 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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“During this budget cycle especially, seats at the grown-up table will be off-limits to those who aren’t working in the public’s best interests,” Pritzker said.
Guess Mr. Pritzker won’t be sitting at the grown-ups table either.
These references to the “grown-up table” are a clear sign of the immaturity of the speaker. The “grown-up table” is only of interest to the kids who haven’t yet made it there.
Says the Governor who thinks it is the state’s best interest to educate kindergartners and those with disabilities via zoom and masked learning for two years, while the majority of other states had less restrictive learning environments overall during the same period.
Governor Pritzker knows best.
The budgets negotiated with Republicans? I thought like everything else its negotiated behine closed doors with the pub sec unions and released with an hour to review.
Has anything changed with madigan gone? Answer NO
“seats at the grown-up table will be off-limits”
That’s so condescending and arrogant. JB is saying that if you don’t agree with his budget, you are not good for IL, and you don’t get to partcipate in Democracy.
Well then Pritzker you need not show up to the grownups table because we all know if it doesn’t go your way and the way you see fit you will have your usual tantrum’s go stand in the corner JB.