-- 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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Locally, at least four “ black owned “ businesses have open and closed within the space of a year or so. Just saying.
Alas. I can’t read the article. I will not intentionally pay for woke garbage.
Yes liberal policies have done wonders for blacks in Illinois. Look at how much better off they are than they were 100 or even 50 years ago. So much more affluent. So much more educated. So much less dependent on government handouts. Yes, few conservative policies can compare to the absolute success that the liberal policies have been for blacks. And the blacks are so woke that they can see clearly how much better they are doing. I mean Lawndale, Englewood, South Austin and Garfield park are gleaming examples to the world of the success of liberal policies. Apparently the… Read more »
Kind of absurd to think that legal cannabis and climate change initiatives would “change the lives and the futures of Black residents” as the article suggests. Progressive initiatives are always crap.