-- 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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Quoting himself from his own idiotic campaign ads. But the average voter here doesn’t have the sort of memory or attention span to remember that.
“The third piece of legislation, will allow undocumented … college students to apply for state financial aid.”
I’m sure the African-American community just LOVES this. An illegal can get state financial that would otherwise have gone to an african-american tax paying citizen who follows the rules and lived in IL their entire life. Talk about a Jim Crow law – illegal immigrants get aid before black citizens do. SO keep voting Democrat!
This is truly a racist policy.
Take two high school seniors, student A is college bound and student B wants to do wedding planning and florist work. So student A gets 120k in tuition, earns a sociology degree and goes to work at Starbucks. Student B didn’t get anything. Why not give student B 120k to buy a van, pay rent on a storefront and begin lining up flower suppliers and develop a business plan? Seems fair if we are handing out free money. College is being made “free” not because it is good but because it is a platform of indoctrination. Colleges stand up high… Read more »