-- 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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Whenever a Democrat is losing an argument they yell “Racist!!!” or “Nazi!!!!”
Chicago very much deserves the serious problems they have – they’ve worked hard for them.
What part of the word illegal does the Mayor not understand? We welcome immigrants, just not those who has usurped the process and are now breaking the law. But you go right on Lori , creating the conditions which will drive Chicago right over the edge into shit hole status. It is what you Leftist lunatics do!
Who needs a pot paradise when they can buy pot anywhere else and then come downtown and commit car jackings and then go “wilding”? The Mayor is an idiot!
Everyone who disagrees with Lori and her degenerate progressive values is a racist Xenophobe who should be shamed into compliance with her world view.
She is such a piece of….
Shame on Lightfoot, she’s made a career out of the race card.
Show me a Black politician who hasn’t.