-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Ah yes, the infamous “working group”. How many meetings will this group have before the whole thing fades away with nothing accomplished? Individually, these groups can’t execute their responsibilities. Put them in a room together and they’ll accomplish what exactly? The Governor should chair these meetings and drive results. Is there something more important on his plate?
The recommendation of the working group will be that all of these children are trans, but just don’t know it yet, and they need to double down on affirmative care. Just like 75 years ago the lobotomy was the solution to every mental health problem, today our professionals believe believe gender dysphoria is the cause of all problems, and hormones and sex change is the solution.
The people who got a lobotomy 75 years ago appear to be running the Democratic party now.