-- 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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All JB does 24 hours a day is political grandstanding. It’s all he knows. And to prove it he accuses somebody else of, you guessed it, political grandstanding.
Nobody is denying anyone preventative treatment. Gay men still have access to the HIV prevention medicine they need. They just have to pay for it themselves. The courts said that private employers against the gay lifestyle can’t be forced to pay to encourage a gay lifestyle. Don’t worry, before long, liberal states will argue that employers shouldn’t have to pay for pregnancy either, when a cheaper, safer and more employer friendly solution is available: abortion.
Ironic that JB weighs in on ‘common sense.’