-- 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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Hi I’m JB Pritzger, a billionaire, and I’m ruining Illinois because I’m a democrat.
Hi, I’m SloJoe biden, president, and a corrupt politician with a corrupt family, and I’m a democrat and I’m ruining America
You just took my comment……..I triple agree with what you said…….and these people keep voting democrat
I wonder where Quakers moving their plant? As far away from Illinois trail lawyers one would assume!
Illinois Hit by Mass Layoffs as Four Factories Close (msn.com)
Illinois business friendly climate is working just fine. It is called Climate Change.
One more bites the dust, a sign of things to come.
As the lady in NC said today “ I’m better off than four years ago!” Yeah, but people that work for a living and don’t have a government paycheck/ job aren’t. She is the type of people that think Joe Biden is the berries.