-- 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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No more “flaming’ hot” chips or grape drank. Poor people are really gonna suffer.😂
I recall a person here in South Florida buying snow crab legs(uncooked of course) with a SNAP card. While some people need this benefit it is abused to a GREAT degree.
Pritzker still wants to support illegals.
No more illegals for you Pritzker,about time the free stuff ends with better checks and balances.