-- 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 simply a Pritzker for President talking point. “Pritzker lowered taxes!!!” Like JB at an all-you-can eat buffet, the Pravda MSM will eat it up.
Another Pritzker press release parroting by JB’s favorite parasite. Miller can’t do anything without asking his benefactor Pritzker for permission first.
Pritzker plays budget games – not leadership.
Eliminating Miller is an even more popular proposal.
A penny as in $0.01 on a dollar means I’m moving up the income tree! In a couple of hundred years I’ll be able to buy a loaf of bread with all the savings.
Right. This is much ado about nothing. Meanwhile, we continue to get s*** on with obscenely high PTs due to bloated government and school offices, salaries, pensions, and health care benefits.
A chance for Democrat shill Miller to laud the Governor for being so smart, by acknowledging he played a fast one on taxpayers. The grocery tax is insignificant, and 90% of the people don’t even know about JB’s latest scam. That means 10% of the population know about a 1% tax going away. Bidenomics is costing people 20% more at the grocery store, and people feel that every time they go shopping. Whatever, Miller needed to write a column sucking up to the Governor again. Mission accomplished Richie.