-- 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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It appears from all the down votes that there are lots of CTU visitors to this site. Amazingly some of them can read. Get back to work you phonies.
Jb can call up the national gaurd but he can’t call our afscme hero’s back to work?
Heroes my ass
What did this effort cost us Mr Governor?
More of my taxpayer dollars wasted, especially when the fix was in on the Mr Chauvin outcome already.
Where were you last summer, when my friends Condo got set on fire?
Vote him out in 2022.
This is the way……
And that’s what needs to be kept going on outside of wirepoints VOTE THIS IDIOT OUT IN 2022, spread the word.
Ha! JB may be unpopular but he’s a billionaire with a bottomless self-funded campaign war chest. And our state will vote for ANYONE with a D next to their name.
There’s not a chance in hell he’ll be voted out of office.
They said BREXIT would never happen.
It did.