-- 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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So much pain & suffering is coming to Illinois and quite frankly its well deserved. Smart people are leaving the state.
#NoSympathy
I’ll bet these numbers get reversed when the wrinkled old bat Hitlery campaigns for pretzel boy
Wow they asked them of they were going to vote for a republican or democrat? I wasn’t aware that a republican was even running! That’s why writing in Ives is the only choice. Raumer is funding abortions and handed sanctuary state decisions over to a bunch of sanctuary state judges and he raised my taxes. And he was all but absent in the media for 4 years, except now to ask for votes? I don’t think so.
Wow. So the top issues are supposedly the economy (16%) and healthcare (15%)? Really? No one has felt the bite of taxes or thinks the pension crisis is a major issue? This is very troubling, very, very troubling ad once again explains why Illinois is such a mess: voter apathy. The voters simply are not engaged. That or the poll is poorly constructed or rigged.
And…Rauner is at 30%? Cripes…how can this imbecile garner that many votes with two third party candidates on the ballot? This is just sad. Rauner should be in the high to mid teens.