-- 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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These two need psychological help. TDS runs rampant in their tiny brains
You just can’t fix stupid.
Add Navin Grewsom and you have the Dream Team!
If that is happening, NY move out now! Pritzker is bankrupting IL and making IL a ghetto.
The Ugandan Marxist couldn’t do much better finding someone to coach him on how to destroy America than Lucky.
We should seriously think about changing our tagline here to “Where the Jokes Write Themselves.”