-- 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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Pot Kettle Much, Mr. Miller? The radicals are going crazy now that the normies are finally using the same tactics they have been using for years. They have never had push back until the last couple of years and they can’t handle it. It is rather amusing.
Who still reads the Daily Herald? Hasn’t that office building off I-90, the Daily Herald building, been vacant for over a decade? Who cares what the Daily Herard has to say.
The Herald lost my respect when it buckled to Pritzker.
Lies? Whatever are you referring to, Mr. Miller?
Change my mind … back up your comments with examples. It’s easy to cast aspersions; support your opinion.
Go away Miller.
Hack.
Reveal your sources of income please.
You are not relevant anymore.
Everyone knows Miller is just a paid liberal shill, focused on his own echo chamber. His views are not balanced and are not worth wasting brain cells on.
The words “newspaper” and “respect” should never appear in the same sentence.
Neither should the words “Rich Miller” and “respect”.
if it upsets you Rich I feel all the better