-- 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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Correction-The migrants should say that the Pritzker situation has been a failure.
Laughable statement from the hot air blimp known as JB. The invasion of illegal aliens into the country falls squarely in the lap of SloJoe and the democrats who support SloJoe. JB is a phony grifter, toilet gate & his blatant attempt to buy a Senate seat, and his bloviating is monumental. The FJB slogan covers two very inept and corrupt individuals.
Pritzker is half right for once in his time as governor. It is the failure of the Democrats that created this nightmare.
Failure of Republicans? LOL. I remember a virtual wall being built and close to zero immigration prior to January 2021. Biden intentionally opened the flood gates.
So mister superhero what’s your solution other than spouting off your mouth, offer a solution please or go back in your corner we’re you belong Richie rich.