-- 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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Free food should only be provided with verified income levels (which verification is now illegal) and Chicago registers EVERY student and just pockets the money, more graft.
It seems that the low income families already receive money for food, among other things. Yet, they always need more. Hmm.. just where does all the money go?
😮No free school meals! Taxpayers pay!
But each child’s parents should send their kids to school with their lunches, or kids pay for their cafeteria food, just like it was when I grew up.
Of course we never had $100+ shoes or cell phones! Time to make the switch back.
If kids don’t eat, just rightfully blame the parents! 😀
So in other words, despite the headline, this is just another feed the poor program that we already have in place…next up we need another tax increase
All he cares about is feeding his lazy brothers and sisters period.