-- 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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He can put the Communist Goiton plant in his neighborhood
He has to figure out how to shore up the failing business ventures he trumpeted that are hemorrhaging taxpayers money first.
Exactly!!! Rivian for one and now looks like John Deere is heading for Mexico well done pritzger keep blowing your horn you’ve done nothing but destroy this state
McDonald’s and the clown headed for
Texas, make book on it