-- 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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“Data shows a total of more than 2.2 million mail-ballots were requested across the state for November’s election. More than 657,000 were returned with around 626,300 counted. That’s a difference of about 30,700. ”
Is this correct? There was only a 29% mail in ballot return rate? This doesn’t at all seem to jive with the information I saw reported. I thought the return rate was much higher.
But if this is correct, then there is a great opportunity to for Republicans to ballot harvest millions of votes more than Democrats.