-- 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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Most migrants are good family people looking to better their lives. Give them work permits and they will go to work and be a great benefit to society.
Americans are fat and lazy. We should send them to Central America, one for one that come here. See how easy life is elsewhere.
Let’s call a spade a spade. 20 more public charges are now residing in Chicago.
Create a fund to send them back to the countries they came from. THAT would be a good use of tax money.
Stupid chickens.