-- 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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We are at the beginning stage of this problem and it does not seem that the border will be closed anytime soon. Expect many more illegal aliens to get bused here. It will be interesting to see what this looks like in a few more months.
at least Alderman Taliaferro is holding community meetings. In my NW side ward the alderman doesn’t even hold community meetings or have anything on her web site…the shelters are just opening and you have NO SAY in the entire matter.
City’s Largest Migrant Shelter, Operating Steps From The Mag Mile, Should Be Closed, Alderman Says – CWB Chicago
IL Democrats virtue signaling clown-car on illegals is running into a brick wall of reality.