-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Yes, but when you go to check out, if the item is alcohol and you look under age, you will be carded. No need for more legislation.
IL Democrat bureaucrats are now micro-managing grocery store shelves — instead of dealing with real problems
Why not put the booze in a special room behind a closed door with that little window. Have the secret code or knock and you can get in. A Speakeasy like during the Prohibition. Or Like This from the Marx Bros.
https://www.youtube.com/watch?v=ySqec8WrEQQ