-- 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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There should be stickers on all the gas pumps that show Biden and Pritzker pointing to the price. The sticker should say “I did this”.
The signs should say that gas taxes wont be raised in July, I JB Pritzger will just double the tax in 2023. Thank you for voting for me.
It’s like the Democrats have pasted a “Kick Me” sign onto their own backs.
How many D voters even knew there were taxes on gasoline until now?
Sadly I know some die hard democrats that welcomed the doubling of the gas tax. Their reasoning, if the governor said we need it then it must be good. Sorry, you cannot fix stupid.