-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
yeah how dare you federal agents do your job and follow the law! Clearly not cut out for sanctuary shitty Chicago
I never heard her say a bad word about drugs or street gangs, keeping the same policy as Ram.
Shameful that mayor tried to shut down viewpoints she disagrees with. But she is weak and feeble minded and was not successful. Good for Marriott who refused to back down. I’m now a new Marriott customer.
Wonder how much the attendees at that conference will pump into the local economy. Dems are good for cutting off their noses to spite their own faces.
Progressives are the most ideologically pure on the American political spectrum. They would rather lose a race but be pure in their platform.
Conservatives are more pragmatic bunch which is why we have RINOs. They are Republicans but tend to be less idealogically pure. I know there are a few DINO’s too but far fewer of them.