-- 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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When will the TAXPAYERS unionize?
sure Illinois politicans have done such a great job here in IL/Chicago—lets give them national level decision making authority
High Functioning Retard Duckworth Is The Paid Pipe Organ For Crooked And Corrupt Government Employee Unions
Every American deserves to work in a good paying job says Dimwit Duckworth. No Dimwit, every hardworking American willing to apply their talents deserves the OPPORTUNITY to work in a job commensurate with their capabilities. People don’t deserve good paying jobs, they earn them. Duckworth represents everything wrong with Democrats.