-- Connecting the dots between our economy, government and business --
The more complete picture of how the tent plan came about emerges as cold weather approaches and as the continued arrival of migrants stretches state and city resources and tests leaders’ resolve to live up to their welcoming rhetoric. It also underscores that the Pritzker administration has played a key role in efforts to address the migrant crisis even as it has at times tried to minimize its involvement in the city’s shelter plan.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
This contrived emergency requires Illinois to commandeer Hyatt Hotels to house migrants. Problem solved.
Pritzker needs migrants to keep the population numbers up. He knows the score. I would call Pritzker Biden junior but with his weight it is hard to call him junior to anything
Does it make a difference if they’re net recipients instead of producers? I think it does.
So much for even an inkling of transparency??…also shows with upcoming dem convention, from JB to Biden/DC they got very little faith in CTU/Brandon and his phony progressive crure to handle the job.