-- 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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What does “governmentally” mean? Is he saying Pat Quinn and Rod Blagojevich were bad governors? Rauner was smothered by Madigan and totally ineffective. “It’s time to try? JB has been in office for 8 years. Apparently he has noticed his only accomplishment has been to raise taxes, $8 BILLION at last count and July 1, more to come.
Pritzker definitely knows about thick…especially when he has to put on his pants.
Someone please send that tape to the happy ex-Illini who are living a more tax free life what they think
The No Kings phrase is easily and appropriately applied to Pritzker, he of the Covid executive orders long past the time when data revealed his measures were unnecessary, if they ever were, and taking temporary federsl money for permanent programs. He of the multitude of tax increases (and his failed effort at a “fair tax”). He spent and continues to spend billions on illegals. He has king sized ambitions and king sized bullshit to spread. He has king sized billions in tax shelters and isn’t paying his fair share, as he likes to claim about others. His 3rd term would… Read more »
“Are we better off as a state than we were in 2018? Governmentally, yes.”
Maybe government union workers but everyone else is SCREWED.
Who’d a thunk, even miller admits JB & the machine has no plan other than to blame DJT? ……(and, of course, raise taxes thru the roof)
No point in going over Miller’s post piece by piece but one can easily see that many of Pritzker’s actions were omitted. One of the biggest in my mind was when he locked the state down over the Covid situation while at the same time moving his family to Florida to escape the edicts he imposed upon each and every one of us in “some animals are more equal than other” style. Regarding his remark that the state is better off governmentally might very well be true because simply Madigan is no longer in control and, for what its worth,… Read more »