-- 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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Oh boy yippy
That sub-retard fraud needs to roll her chair off the end of Navy Pier and put an end to her lib-tard lecture series
Perhaps she’s kissing up to run on Pritzker’s ticket.
“Doing as much as you can”? What? What have you done for anyone? No one can identify a single issue you have taken the lead on. You are invisible in the Senate and have done absolutely nothing for the State of Illinois. A “cheerleader”. What the heck is that? Illinois is in dire straits and we need a heckuva’ lot more than a cheerleader in the nation’s capital. Take some low stress job from the Biden administration to run up your pension and get out of the way and let someone take the seat who will do something for the… Read more »
Hey, leave her alone, she’s 55 years old and raising a 4 year old child she gave birth too several years ago. She’s got more important things to do than legislate.
Actually, Senator, the best thing you could do for business in Illinois is stop talking and hide.