-- 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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Even After Signing Every Anti-Police Bill Passed By Illinois Democrat Crime Enablers, Pritzker Can’t Understand Why Cops Are Bailing On Chicago
The exodus is the point. It’s 1972 all over again.
JB talks about lifting up communities as being the answer. Show me an example of where that has been done successfully.
What about lifting up JB?
When Arbuckle ponyificates about Chicago, blue smoke pours out of his head, Virtue signaling Blue.