-- 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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Scum Times calls it a political stunt by Abbott. I say it was a brilliant move. He exposed the massive southern border problem and made the sanctuary cities put up or shut up. Also put the onus on Crooked Joe, who does not give a shite.
Exactly correct. The ‘solution’ that’s entirely within Illinois Dem’s control is to stop being a ‘Sanctuary State’ for illegal aliens that the Fed’s refuse to return to the Mexican side of the border.
Let the UN help Mexico put tents up on the South side of the Rio Grande.
CTU/Brandons conundrum is that there’s tons of space for migrants in closed or only fractionally used CPS schools in “dis-invested” black community ready to go, which every pol knows. But using those empty CPS school for migrants would contradict his whole black community investment/ disinvestment shtick. So it’s easier to dump the shelters/now tents up in my neck of woods….in any case the floods just getting started.
Oh, such insight.
Johnson is doing what all IL Democrats do — copying every moronic idea from their lib-tard cousins in NY and CA