-- 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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Mr. Pritzker is a national embarrassment.
Please take care of YOUR job before telling other politicians how to do theirs.
Illinois will become a mecca for abortions, gambling, drugs (legal and illegal), lawlessness, illegal aliens, and general chaos – that’ll bring in tourists, but not the kind who can help save the state.
That’s why in November we must destroy Pritzker
At this point I’d vote for Bugs Bunny if he ran against Pritzker.