-- 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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I thought Miller would fade away like Madigan. No such luck it appears
Miller slithers out from under his rock somewhere within the Springfield cesspit and spews more parotted Democrat talking points handed to him from his new patron JB Pritzker.
And at some point within the next day he will down vote any detractors.
Right on schedule. Miller downvotes all dissent. What a verminous slime.
I disagree. Polls have consistently shown people want more cops on the streets.
Yet, at the same time, as demanding more police on the streets, and complaining that crime is a major issue, these same communities demand police go easy on their families and friends, arrest fewer people, and pass laws for the judicial system mete out less punishment. These are inherently incoherent positions. They don’t make any sense. Just as little in the Democrat Party makes any sense or conforms to objective reality. None of their positions or policies deserve any respect because none of them are in good faith. They are designed in a fantasy world of make believe where men… Read more »