-- 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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Spot on, why should we be taking care of the migrants when we can’t even take care of our own.
So jp can get the votes and stay in power and keep doing such a great job……NOT
They take care of migrants before they take care of you, deplorable, because they hate you….This is no secret, look at the way they talk about you, they hate you, they hate your values, they hate the way you think. They don’t care what happens to you. This is no hyperbole, this is really how they feel.