-- 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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This is nothing more than pandering virtue signaling to support the mentally ill.
I think it is very wrong for Durkin to say Pritzker should be a man. Perhaps Pritzker doesn’t identify as a man. Maybe he identifies as a banana, or even a chipmunk. It is time to stop labeling individuals in such a hurtful way by calling them a man, when clearly that isn’t what that individual is.
Great response Ex Illini!
Please let’s show a little sensitivity to the chipmunk population, they don’t want to be associated with JB.