-- 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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High Gas Taxes are a goal for Pritzker. They help to establish his true progressive bona-fides nationwide. I’m surprised that Pritzker hasn’t made IL gasoline taxes the highest in the nation so that he can wave his climate change and green successes during his 2024 Presidential campaign. Pritzker has never given a rats ass about the taxpayers or people of Illinois. We are all just cannon fodder for Pritzker’s delusional White House ambitions.
Put his stupid sticker right over the “Pritzker Sucks” one.
Living in an echo chamber makes one deaf…
The emperor truly has no clothes…
Agreed.
I’d say he’s a two faced liar, but he’s got well over two faces.