-- 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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Eleven alderman signed a letter. They could only find eleven who cold write their names.
I bet a person who has the common cold will test positive for C-19.
Great communist scam.
It’s gotten so bad, alderman are providing medical guidance! I only accept medical advice from governor Hog Head. I’ve got standards!
Ahhh destroy the economy, create supply chain problems and make life in general depressing but OMG no masks for the super bowl parties…it is good to see what is important to the Illinois citizenry. Then we wonder why certain politicians get elected
“Top doc” … you mean, top hack.
Never Forget the Mental and Physical Damage these Democrats have done to The Children, Adults, Business and the Landscape! Never Trust one of them again.
Never Forget they were ALL IN at the start!