-- 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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Don’t blame the Police, their hands have been tied by
Illinois Politicians and BLM. who have created the problem.
SafeT act… Definitely looking up for Illinois.
Little Village,
I’ve got news for you. Life is cheap under Democratic Party rule. Murders of your loved ones aren’t a priority. Just keep paying your property taxes thought and u solved murders is something you just gotta get used to.