-- 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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Restaurants, bars, churches, and schools are all closed but senile joe and blm appointed Harris “protests” by the snowflakes, fat ugly women and soy boy man bun weirdos are encouraged by Lori and Pritzker.
If your barely scraping by in the resturant bus you hope your job gets bailed out with drop in the bucket $10 mill LOTTERY. While not one single city worker has been laid-off and im sure are collecting a ton of ot. Thats the equitable city progressives crave?
Fortunately the Dictator is rich enough to pay off everyone’s losses from his cruel mandates
Send Pritzker the bill–it is HIS fault.
This may sound brash or rude. But, I’m no longer going to try to support these restaurants if they themselves don’t start standing up against these insane lockdown mandates. What happened to the rebellious/cutthroat spirit of this industry? I’ve never known anyone in this business to be so complacent before… Rent moratorium – hell no. Sorry. If you won’t stand up for yourself, I can’t help you either.