-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
But you keep IMPOSING TAXES ON THE RESIDENTS OF ILLINOIS TO FUND YOUR NARRATIVE!!!
As he was elected by the voters to do. The majority seem to like it or at least prefer it to the alternative.
You truly give the majority too much credit in the common sense, intelligence and reading/comprehension departments. They really aren’t that bright.
Sorry, pump on your own time. Just another example of a mental disordered liberal thinking government is the solution when it is the problem. Let the free market figure it out. If employers want to offer this to their employees because they believe it wil make them a better, more productive and more profitable then so be it. This woman has never run a business and always been on the taxpayer dole.
IL is supporting failed public schools and healthcare for illegals, not US citizens. Schools need to focus on strategies to address student learning, not politics. Get covered IL is a way to insure illegals at the taxpayers expense.
Katie is, as usual, oh so modest. Never once did she mention her great achievement on her involvement in securing funding for the Edwardsville School Districts gender neutral bathrooms for the students. I wonder why all of a sudden she is silent on the matter?