-- 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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Maybe those working parents were busy trying to better their children’s lives by, you know, actually working at their job instead of lobbying the Marxists.
But Democrat stooge Miller doesn’t have any experience actually working for a living.
Miller has set a new low in this article of his as he tries to spin the situation into one of blame on the supporters of the scholarships. The fact is the CTU wanted the program dead, contributed heavily to the legislators who saw to it that it was not called for a vote. Sorry Miller everyone knows the truth except perhaps for the low information Capitol Fax readers who don’t want to know.
OK, Rich. So it was the fault of the supporters of the program that it did not get renewed? Is that what you are trying say? Total nonsense. You are nothing but a tool of your Dem sources.
He’s mocking the bill’s supporters, and conservatives. They’ve been mocking us, and toying with us, like a house cat toys with a baby mouse before killing it.