-- 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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He supports her, but he can’t give a good reason why other than his terminal case of TDS. Gee JB, we didn’t have high inflation and a border crisis when Trump was President, but with Dementia Joe and Kamala in charge it has been an absolute train wreck. Why?
Jay Robert would say anything to further his agenda. Good ol Jay would say Hitler was a great leader if it would move his presidential agenda forward. No limits to his BS.
Guess he’s trying to prove to the family he’s not useless…….lol,,,,,,big hurdle