-- 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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The same people that won’t wear fur or eat meat have no problems killing babies. It is a party in the Land of Lincoln now.
The leaking of the draft opinion was, without question, politically motivated. It was an act of treason. As for how striking down Roe v Wade will impact Illinois, Pritzker is working on a way to count all those who come to Illinois for an abortion as residents. He’ll turn to Dick Durbin for assistance.