-- 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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Weave & Wig shop? Fresh fish market? Harold’s Chicken Shak #124? Missionary Babtist storefront church? Nail Salon? Lots of options.
You forgot a Planned Parenthood abortion mill….
Talk about being stupid.
“I think the city is finally feeling back to normal,” Dawn Toroker said. “I feel like we’re giving people lots of reasons to come downtown.”
Yeah, The Thug Mug Mile is collapsing due to crime and theft. Customers and employees don’t want to be assaulted, killed, mugged, car jacked, ect. ect. Business owners don’t like the Theft and slower volume.
Dawn’s surname may have been misspelled. Toker is a more apt rendition.
Detroit was a desirable location at one time too!
It’s a desirable location for looters
Failed Governor Pritzker Accidentally Tells The Truth For Once — Admits That Businesses Are Leaving/Avoiding Illinois Over Its Out-Of-Control Crime, Fiscal Disaster, And High Taxes – Crain’s Chicago Business
The Mug Mile is losing so many retailers even the muggers are choosing to go elsewhere.