-- 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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Get rid of this idiot ford for bringing shit like this up .
Ford is correct but for the wrong reasons. A FD job is a good job that provides a stable income for a black family in Chicago, and to start handing those jobs out to illegals ….. NO THE GREAT REPLACEMENT ISN’T HAPPENING
We wanted a Cadillac but had to settle for a Ford……
But can they become politicians?
U hit the nail on the head