-- 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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Bubblehead is trying to look “presidential “. Bubblehead is no doubt planning to run for the big office job in 2024 or 2028.
Does anybody think the teachers want to go back?
Pritzker couldn’t predict what time of day it is
He’s saying that he thinks “a” peak period will be in the second half of April. I think “the” would’ve been more assuring to hear. Also, do national experts agree that the peak period will be in the second half of April? If Pritzker’s health experts have the same credibility as his economic experts, his prediction doesn’t mean much.
His crystal ball is broke, Amazon won’t deliver a new one until june