-- 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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Every time Illinois residents fill up their tank, they are reminded of the nightmare that is the Biden administration. Now he’s trying to get more oil from US drillers after choking them off as soon as he took office. Every day it’s a new disaster from Dementia Joe. The overwhelmingly liberal media has their work cut out for them trying to make the dufus look even moderately incompetent.
And Duckworth is chiding the oil producers for greed and not using the 9,000 permits that are on the books. What about all the regulations laid on them to shut down drilling as Mr. Biden promised?
Do your research, Tammy, it’s your party that created this mess – CLEAN IT UP, TAKE RESPONSIBILITY and stop blaming Putin and the Ukraine war for gas prices that have been going up since Biden took office.
Don’t Blame Russia — Blame Biden War On Oil For High Illinois Gas Prices