-- 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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Could offering all of these services to illegals contribute to the numbers that are showing up to claim them? Can sanctuary city supporting Democrats grasp the concept?
Wait a minute – Didn’t Pritzker and Democrats sign off on this barely funded giveaway with great fanfare in the IL establishment media before the election? Perhaps the Tribune Pravda can explain what happened?
How’s that open border thing SloJoe and the democrats love working out? Pretty well it looks like.
That’s the whole point. Read the Cloward&Piven strategy…your blood will boil. Thanks Democrat voters.
Ya Think!
Stop using the term “migrants.” Public Charges is a more apt.
I prefer illegal aliens. Political correctness be damned!